other
confidence high
sentiment neutral
materiality 0.55
Prairie Operating raises beneficial ownership limit for Bristol warrants to 19.99%
Prairie Operating Co.
- Amendment increases ceiling from 9.99% to 19.99% for Series D PIPE Warrants held by Bristol.
- Bristol is an entity affiliated with director Paul L. Kessler.
- Parties waived the standard waiting period for the increase in beneficial ownership limit.
- A Warrants and B Warrants exercise limitations are governed by the new 19.99% ceiling.