---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-034048"
form_type: "8-K"
ticker: "PROP"
cik: "0001162896"
company_name: "Prairie Operating Co."
filed_at: "2022-11-30T23:59:59+00:00"
generated_at: "2026-06-21T11:28:54.333456+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Creek Road Miners amends Series A Preferred terms: conversion price cut, redemption added

## Summary
- Holders of ~90% of Series A Preferred and ~88% of voting power approved amended certificate of designation.
- Conversion price reduced from $0.25 to $0.175 per share; delivery timeframe extended to 10 trading days.
- Dividends may be paid in common stock regardless of exchange listing; overdue late fee lowered from 18% to 10%.
- Company gains right to redeem Series A Preferred for cash or common stock on one business day's notice.
- Company gets 90-day cure period if insufficient authorized shares to satisfy conversion.

## SEC filing metadata
- accession: 0001493152-22-034048
- form_type: 8-K
- ticker: PROP
- cik: 0001162896
- company_name: Prairie Operating Co.
- filed_at: 2022-11-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.03, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1162896/000149315222034048/0001493152-22-034048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1162896/000149315222034048/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-034048
- JSON: https://secwatch.observer/filing/0001493152-22-034048.json
- Plain text: https://secwatch.observer/filing/0001493152-22-034048.txt

## Key facts
- Governance Changes
  Prairie Operating Co.: Amended and restated the Certificate of Designation of Series A Preferred Stock, modifying dividend, conversion, redemption, and other terms (effective 2022-11-23).
  - Change: charter amendment
  - Effective: 2022-11-23
  source text: approved by written consent a Certificate of Designation and Restatement of Rights, Preferences and Restrictions of Series A Preferred Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1162896/000149315222034048/0001493152-22-034048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.