secwatch / observer
8-K/A filed May 17, 2024, 7:59 PM ET CIK 0001508786
M&A confidence high sentiment neutral materiality 0.75

Silverton Energy acquires Oklahoma oil & gas leases; $81M AHIC deal and $3.5M Agrawal deal

SILVERTON ENERGY, INC.

Machine-readable event card

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secwatch.filing_event.v1
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0001683168-24-003611
form_type
8-K/A
ticker
null
cik
0001508786
company_name
SILVERTON ENERGY, INC.
filed_at
2024-05-17T23:59:59+00:00
discovered_at
2026-05-14T18:03:18.739426+00:00
generated_at
2026-06-01T15:28:55.706823+00:00
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sentiment
neutral
materiality_score
0.75
calibrated_materiality_score
0.75
confidence
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https://secwatch.observer/filing/0001683168-24-003611.json
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https://secwatch.observer/filing/0001683168-24-003611.md
text_url
https://secwatch.observer/filing/0001683168-24-003611.txt
edgar_index_url
https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/0001683168-24-003611-index.htm
edgar_primary_document_url
https://www.sec.gov/Archives/edgar/data/1508786/000168316824003611/silverton_8ka.htm
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deepseek-v4-flash:cloud@v2
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Source-grounded claims

1bf1152f4ee36ca8a0af461d689dbc8d61547e49

SILVERTON ENERGY, INC.: Company ceased being a shell company; OTC Markets removed shell company status (effective 2024-04-10).

As a result of the Shell Company Opinion Letter, on April 10, 2024 and continuing to the date of this Form 8K filing by the Company, the OTC Markets Pink Market has removed the “shell company” status from the Company’s SLTN Pink Sheet Stock listing. As a result, the Company is no longer a shell company.

SEC 8-K Item 5.03/5.05/5.06 confidence 0.9 SEC evidence

8bf79a7e699646a426bedde6a7c3fecf4fb02555

SILVERTON ENERGY, INC. completed an acquisition involving Kris Agrawal and Kris k. Agrawal, et al, Exxon Oil & Gas, Inc., Vance-1 Properties, LLC for $3,500,000.00 (closed 2024-05-01).

this transaction is a contract (a “chose in action”) for lease assignments and is not currently vesting title to the assets in Buyers. The agreed purchase price of the Assets is $3,500,000.00, the payment of which by a “convertible note,” which is to be readily convertible into the Company’s Class “A” Common Stock, at its “market value” per share “at the moment of

SEC 8-K Item 2.01/5.01 confidence 0.7 SEC evidence

f5c4f76fc755cf74ecedc523ae23b04e948b939a

SILVERTON ENERGY, INC. completed an acquisition involving American Heritage Investment Capital, L.P. for $81,000,000, 20-year, non-interest bearing Promissory Note (closed 2024-05-01).

nd American Heritage Investment Capital, L.P. (“AHIC”) , dated May 01, 2024, with the Company as Buyer and AHIC, as Seller

SEC 8-K Item 2.01/5.01 confidence 0.7 SEC evidence

58d891dbe16bfa642a1b3c01a63f3301127f6c5e

SILVERTON ENERGY, INC. entered into AHIC Acquisition Agreement with American Heritage Investment Capital, LP valued at $52,000,000 (effective 2024-05-01).

On May 01, 2024, the Company executed acquisitions through two acquisition agreements “Acquisition Agreement” between the Company as the Buyer, and American Heritage Investment Capital, LP. (“AHIC”), (the “AHIC Acquisition Agreement”

SEC 8-K Item 1.01/1.02 confidence 0.9 SEC evidence

ec29ddea072dac669c90df375d96871456f60b6e

SILVERTON ENERGY, INC. entered into Agrawal Acquisition Agreement with Kris Agrawal, Kris k. Agrawal, Exxon Oil & Gas, Inc., Vance-1 Properties, LLC valued at $3,500,000 (effective 2024-04-04).

On May 01, 2024, the Company entered into an “Acquisition Agreement” between AHIC and SLTN, as the “Buyer” and Kris Agrawal and Kris k. Agrawal, et al, Exxon Oil & Gas, Inc., Vance-1 Properties, LLC, as the “Seller” (the Agrawal Acquisition Agreement”), with an effective date of April 04, 2024

SEC 8-K Item 1.01/1.02 confidence 0.9 SEC evidence

Comparable filings

XRN

Chiron Real Estate closes $249M acquisition of two senior housing communities; issues $100M Series C preferred

Chiron Real Estate Inc. June 2, 2026, 4:30 PM ET m_and_a Items 1.01, 2.01, 2.03, 3.02, 3.03, 5.03, 9.01

same fact type: governance_change, ma_transaction, material_agreement same SEC item: 1.01, 2.01, 9.01 same event type: m_and_a similar materiality

This filing

As a result of the Shell Company Opinion Letter, on April 10, 2024 and continuing to the date of this Form 8K filing by the Company, the OTC Markets Pink Market has removed the “shell company” status from the Company’s SLTN Pink Sheet Stock listing. As a result, the Company is no longer a shell company.

Comparable filing

On May 28, 2026, the Company filed Articles Supplementary with the Maryland State Department of Assessments and Taxation to designate 1,000,000 shares of the Company’s authorized preferred stock as shares of Series C Convertible Preferred Stock

Filing page SEC filing

GIG

Hadron Energy closes SPAC merger with GigCapital7; 84% of public shares redeemed

GigCapital7 Corp. May 29, 2026, 7:45 PM ET m_and_a Items 2.01, 3.02, 5.02, 9.01, 3.03, 4.01, 5.01, 5.03, 5.06, 8.01

same fact type: governance_change, ma_transaction same SEC item: 2.01, 5.06, 8.01, 9.01 same event type: m_and_a similar materiality

This filing

As a result of the Shell Company Opinion Letter, on April 10, 2024 and continuing to the date of this Form 8K filing by the Company, the OTC Markets Pink Market has removed the “shell company” status from the Company’s SLTN Pink Sheet Stock listing. As a result, the Company is no longer a shell company.

Comparable filing

As a result of the Business Combination, the Company ceased being a shell company.

Filing page SEC filing

OLOX

Olenox acquires CS Digital for $30M upfront; launches gas-powered data center platform

OLENOX INDUSTRIES INC. May 28, 2026, 8:30 AM ET m_and_a Items 1.01, 5.03, 2.01, 2.03, 3.02, 7.01, 8.01, 9.01

same fact type: governance_change, ma_transaction same SEC item: 1.01, 2.01, 8.01, 9.01 same event type: m_and_a similar materiality

This filing

As a result of the Shell Company Opinion Letter, on April 10, 2024 and continuing to the date of this Form 8K filing by the Company, the OTC Markets Pink Market has removed the “shell company” status from the Company’s SLTN Pink Sheet Stock listing. As a result, the Company is no longer a shell company.

Comparable filing

On May 26, 2026, in connection with the closing of the Acquisition, the Company filed a Certificate of Designation of Series D Preferred Stock (the “Certificate of Designation”) with the Secretary of State of the State of Delaware, establishing the rights, preferences, privileges and restrictions of the Series D Preferred Stock.

Filing page SEC filing

KLXE

KLX Energy acquires Wolfpack assets for $17M; also exchanges $2.19M notes for equity

KLX Energy Services Holdings, Inc. June 2, 2026, 5:14 PM ET m_and_a Items 1.01, 2.01, 3.02, 7.01, 9.01

same fact type: ma_transaction, material_agreement same SEC item: 1.01, 2.01, 9.01 same event type: m_and_a similar materiality

This filing

this transaction is a contract (a “chose in action”) for lease assignments and is not currently vesting title to the assets in Buyers. The agreed purchase price of the Assets is $3,500,000.00, the payment of which by a “convertible note,” which is to be readily convertible into the Company’s Class “A” Common Stock, at its “market value” per share “at the moment of

Comparable filing

“Buyer”), the Company and, solely for purposes of Section 8.05 thereto, Stevie Cooper and Stewart Cooper (the “Purchase Agreement”). The purchase price for the Acquisition is $17.0 million, subject to customary post-closing adjustments and to be paid as follows: (i) on the Closing Date, the Buyer paid the Seller $14.0 million in cash; (ii) 180 days after the

Filing page SEC filing

SCOR

comScore sells Movies Business for $70M cash to Advaya Capital affiliate; repays $40.1M debt

COMSCORE, INC. June 2, 2026, 5:12 PM ET m_and_a Items 1.01, 1.02, 2.01, 9.01

same fact type: ma_transaction, material_agreement same SEC item: 1.01, 2.01, 9.01 same event type: m_and_a similar materiality

This filing

this transaction is a contract (a “chose in action”) for lease assignments and is not currently vesting title to the assets in Buyers. The agreed purchase price of the Assets is $3,500,000.00, the payment of which by a “convertible note,” which is to be readily convertible into the Company’s Class “A” Common Stock, at its “market value” per share “at the moment of

Comparable filing

the Company sold its box office measurement, reporting and analytics business and its Hollywood Software business (collectively, the "Movies Business"), including 100% of the interests of Rentrak, LLC ("Rentrak"), an Oregon limited liability company and wholly owned subsidiary of the Company, to the Purchaser for an aggregate base purchase price of $70.0 million in cash, subject to customary adjustments and other terms as more fully set forth in the Purchase Agreement (the "Transaction"). The Transaction was completed simultaneously with the signing of the Purchase Agreement on May 27, 2026 (the "Closing Date").

Filing page SEC filing

WLY

Wiley acquires Emerald Publishing for $452M; adds ~500 journals, expected accretive in year one

JOHN WILEY & SONS, INC. June 2, 2026, 8:30 AM ET m_and_a Items 1.01, 2.01, 7.01, 9.01

same fact type: ma_transaction, material_agreement same SEC item: 1.01, 2.01, 9.01 same event type: m_and_a similar materiality

This filing

this transaction is a contract (a “chose in action”) for lease assignments and is not currently vesting title to the assets in Buyers. The agreed purchase price of the Assets is $3,500,000.00, the payment of which by a “convertible note,” which is to be readily convertible into the Company’s Class “A” Common Stock, at its “market value” per share “at the moment of

Comparable filing

pursuant to which Buyer acquired from the Seller all of the issued and outstanding equity securities of Emerald Holding (the "Transaction") in exchange for GBP £337.5 million (approximately $452 million)

Filing page SEC filing

ESAB

ESAB completes $1.45B acquisition of Eddyfi Technologies

ESAB Corp June 2, 2026, 6:41 AM ET m_and_a Items 2.01, 3.02, 5.03, 3.03, 7.01, 8.01, 9.01

same fact type: governance_change, ma_transaction same SEC item: 2.01, 8.01, 9.01 same event type: m_and_a similar materiality

This filing

As a result of the Shell Company Opinion Letter, on April 10, 2024 and continuing to the date of this Form 8K filing by the Company, the OTC Markets Pink Market has removed the “shell company” status from the Company’s SLTN Pink Sheet Stock listing. As a result, the Company is no longer a shell company.

Comparable filing

On June 1, 2026, the Company filed the Certificate of Designations with the Delaware Secretary of State to establish the preferences, limitations and relative rights of its 6.50% Series A Mandatory Convertible Preferred Stock (the “ Series A Mandatory Convertible Preferred Stock ”), which became effective upon filing.

Filing page SEC filing

RPAY

REPAY closes $372M acquisition of KUBRA, funded with new $500M term loan

Repay Holdings Corp June 1, 2026, 4:14 PM ET m_and_a Items 1.01, 2.01, 1.02, 9.01, 2.03, 7.01

same fact type: ma_transaction, material_agreement same SEC item: 1.01, 2.01, 9.01 same event type: m_and_a similar materiality

This filing

this transaction is a contract (a “chose in action”) for lease assignments and is not currently vesting title to the assets in Buyers. The agreed purchase price of the Assets is $3,500,000.00, the payment of which by a “convertible note,” which is to be readily convertible into the Company’s Class “A” Common Stock, at its “market value” per share “at the moment of

Comparable filing

KUBRA became an indirect wholly owned subsidiary of the Company. Pursuant to the Purchase Agreement, the aggregate cash purchase price for the Acquisition was approximately $372 million, subject to customary post-closing adjustments. The closing cash consideration was funded with a combination of cash on hand and borrowings under the Credit Agreement described

Filing page SEC filing

Source: SEC EDGAR
accession 0001683168-24-003611

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.