---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-000795"
form_type: "8-K"
ticker: "BATL"
cik: "0001282648"
company_name: "BATTALION OIL CORP"
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T07:48:57.431060+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Battalion Oil amends merger pact with Fury; extends deadline, cuts termination fee

## Summary
- Funding deadline extended to Feb 15, 2024; requires $15M escrow deposit by then.
- Company termination fee reduced from $8M to $3.5M; closing failure fee set at $25M.
- Qualifying additional financing documents set at $100M; non-delivery allows company to terminate.
- Limited guarantee of $1M from chairman Abraham Mirman for parent payment obligations.
- Company permitted to solicit takeover proposals until evidence of financing is delivered.

## SEC filing metadata
- accession: 0001558370-24-000795
- form_type: 8-K
- ticker: BATL
- cik: 0001282648
- company_name: BATTALION OIL CORP
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282648/000155837024000795/0001558370-24-000795-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282648/000155837024000795/batl-20240206x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-000795
- JSON: https://secwatch.observer/filing/0001558370-24-000795.json
- Plain text: https://secwatch.observer/filing/0001558370-24-000795.txt

## Key facts
- Material Agreements
  BATTALION OIL CORP amended Second Amendment to Merger Agreement with Fury Resources, Inc. valued at Amends Merger Agreement; extends Funding Deadline to Feb 15, 2024; changes fees (effective 2024-02-06).
  - Action: amendment
  - Agreement: merger
  - Counterparty: Fury Resources, Inc.
  - Value: Amends Merger Agreement; extends Funding Deadline to Feb 15, 2024; changes fees
  - Effective: 2024-02-06
  source text: On February 6, 2024, Battalion Oil Corporation, a Delaware corporation (the “ Company ” or “ we ”), Fury Resources, Inc., a Delaware corporation (“ Parent ”), and San Jacinto Merger Sub, Inc., a Delaware corporation and a direct, wholly owned subsidiary of Parent (“ Merger Sub ”), entered into a Second Amendment (the “ Second Amendment ”) to the Agreement and Plan of Merger, dated as of December 14, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282648/000155837024000795/0001558370-24-000795-index.htm

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