{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-019851","form_type":"8-K","ticker":"BATL","cik":"0001282648","company_name":"BATTALION OIL CORP","filed_at":"2023-12-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.523081+00:00","generated_at":"2026-06-07T11:12:50.124860+00:00","sec_items":["1.01","5.03","3.02","3.03","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Battalion Oil to be acquired by Fury Resources for $9.80 per share in cash","bullets":["Merger consideration of $9.80/share in cash for common stock; preferred stock receives separate per-series amounts.","Transaction requires stockholder approval; holders of ~61.6% voting power (Rollover Sellers) agreed to vote in favor.","Parent must provide $200M+ cash funding evidence by Feb 28, 2024; escrow of $20M for closing failure fee.","Termination fees: Company pays up to $8M; Parent pays $10M-$20M depending on timing of breach.","Related transactions: Series A-2 Preferred Stock issuance, amendments to Series A-1 Preferred Stock terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-019851","json":"https://secwatch.observer/filing/0001558370-23-019851.json","markdown":"https://secwatch.observer/filing/0001558370-23-019851.md","text":"https://secwatch.observer/filing/0001558370-23-019851.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1282648/000155837023019851/0001558370-23-019851-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1282648/000155837023019851/batl-20231214x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T11:12:50.124860+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":"efc37588b05cb23a0d027b9aa7f7ce20811bf797","claim":"BATTALION OIL CORP: Battalion Oil Corp filed a certificate of amendment to the Series A-1 Preferred Stock Certificate of Designations, modifying conversion and redemption periods and change of control provisions for the Series A-1 Preferred Stock (effective 2023-12-15).","evidence_excerpt":"On December 15, 2023, the Company filed a certificate of amendment to the Certificate of Designations of Series A- 1 Redeemable Convertible Preferred Stock (the “ Series A-1 CoD ”) with the Delaware Secretary of State (such amendment, the “ Series A-1 CoD Amendment ”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1282648/000155837023019851/0001558370-23-019851-index.htm","confidence":0.85,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-12-15"}],"fact_type":"governance_change"},{"claim_id":"3c113000162b5e43897bd1ba6a74b49fd8bae2a5","claim":"BATTALION OIL CORP entered into Agreement and Plan of Merger with Fury Resources, Inc. valued at $9.80 per share cash merger consideration (effective 2023-12-14).","evidence_excerpt":"On December 14, 2023, Battalion Oil Corporation (the “ Company ” or “ we ”) entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Fury Resources, Inc., a Delaware corporation (“ Parent ”), and San Jacinto Merger Sub, Inc. (“ Merger Sub ”), a Delaware corporation and a direct, wholly owned subsidiary of Parent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1282648/000155837023019851/0001558370-23-019851-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Fury Resources, Inc."},{"label":"Value","value":"$9.80 per share cash merger consideration"},{"label":"Effective","value":"2023-12-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}