{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-015356","form_type":"8-K","ticker":"PROP","cik":"0001162896","company_name":"Prairie Operating Co.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.088370+00:00","generated_at":"2026-06-15T20:36:34.928418+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Creek Road Miners amends merger with Prairie, raises $17.3M PIPE for oil & gas assets","bullets":["Amended merger removes reverse stock split requirement; termination deadline extended to Sept 30, 2023.","Exok asset purchase: $3M for ~3,157 net acres; option for additional 20,327 acres at $22.182M ($18M cash + $4.182M equity).","PIPE of $17.3M raised through Series D preferred stock convertible at $0.175/share, with warrants at $0.21/share.","Support agreements convert Series B/C preferred, debentures, and note into common and Series D preferred; 120-day lock-up.","Post-merger company renamed Prairie Operating Co.; expects OTCQB trading under 'PROP' and reverse stock split."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-015356","json":"https://secwatch.observer/filing/0001493152-23-015356.json","markdown":"https://secwatch.observer/filing/0001493152-23-015356.md","text":"https://secwatch.observer/filing/0001493152-23-015356.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1162896/000149315223015356/0001493152-23-015356-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1162896/000149315223015356/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T20:36:34.928418+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2e0081f26828dbb61a7b8ccdcd1c198e43e6bde3","claim":"Prairie Operating Co. amended Amended and Restated Agreement and Plan of Merger with Creek Road Merger Sub, LLC and Prairie Operating Co., LLC (effective 2023-05-03).","evidence_excerpt":"On May 3, 2023, the Company, Merger Sub and Prairie entered into an Amended and Restated Agreement and Plan of Merger (the “ AR Merger Agreement ,”","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1162896/000149315223015356/0001493152-23-015356-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Creek Road Merger Sub, LLC and Prairie Operating Co., LLC"},{"label":"Effective","value":"2023-05-03"}],"fact_type":"material_agreement"},{"claim_id":"8eac50ba317fe284dbc174949a174d00188a9fd8","claim":"Prairie Operating Co. amended Amended and Restated Purchase and Sale Agreement with Exok, Inc. and Prairie Operating Co., LLC valued at total amount of $3,000,000 (effective 2023-05-03).","evidence_excerpt":"On May 3, 2023, Prairie, Exok and the Company entered into an Amended and Restated Purchase and Sale Agreement (the “ AR Exok Agreement ”) to, among other things:","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1162896/000149315223015356/0001493152-23-015356-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Exok, Inc. and Prairie Operating Co., LLC"},{"label":"Value","value":"total amount of $3,000,000"},{"label":"Effective","value":"2023-05-03"}],"fact_type":"material_agreement"},{"claim_id":"90bff8d49a8bc13c1482500ba413c54dd7d7d874","claim":"Prairie Operating Co. entered into Securities Purchase Agreements with the PIPE Investors valued at aggregate of $17.3 million (effective 2023-05-03).","evidence_excerpt":"on May 3 , 2023 , the Company entered into separate securities purchase agreements (collectively, the “ Securities Purchase Agreements ”) with a number of investors (the “ PIPE Investors ”), pursuant to which the PIPE Investors have agreed to purchase, and the Company agreed to sell to the PIPE Investors, an aggregate of $17.3 million of Series D preferred stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1162896/000149315223015356/0001493152-23-015356-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"the PIPE Investors"},{"label":"Value","value":"aggregate of $17.3 million"},{"label":"Effective","value":"2023-05-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}