EMPIRE PETROLEUM CORP (EP): Form 8-K filed 2026-11-13
- Accepted by EDGAR
- 2026-11-13 16:31 ET
- Event date
- 2026-11-09
- Accession no.
- 0001072613-26-000891
- Original filing
- SEC EDGAR filing index
AI summary of the filing text. It can contain mistakes; the original filing is authoritative.
Empire Petroleum issues $6,750,000 convertible promissory note to Energy Evolution
Empire Petroleum issued a $6,750,000 promissory note to Energy Evolution Master Fund, Ltd. on November 9, 2026 and received the full amount for general working capital. The Note matures on May 9, 2028, bears interest at 6% per annum and allows Energy Evolution to convert principal into common stock at $2.16 per share beginning January 9, 2027.
- Energy Evolution advanced $6,750,000 under the Note as of November 9, 2026 for general working capital purposes.
- The Note matures on May 9, 2028 and accrues interest at 6% per annum; unpaid principal after maturity accrues interest at 9%.
- Energy Evolution may convert principal at $2.16 per share from January 9, 2027 through maturity, subject to adjustments.
- Full conversion of the principal would result in issuance of 3,125,000 shares.
financingdebt
Items reported
- Item 1.01: Entry into a Material Definitive Agreement
The company signed a material agreement outside the ordinary course of business, or materially amended one. Typical examples are credit agreements, merger agreements, large supply or licensing contracts and financing arrangements. - Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
The company became obligated under a material direct financial obligation, such as a loan, notes offering or credit facility draw, or under a material off-balance sheet arrangement. - Item 3.02: Unregistered Sales of Equity Securities
The company sold equity securities in a transaction not registered under the Securities Act, such as a private placement, above a size threshold. - Item 9.01: Financial Statements and Exhibits
Lists the financial statements, pro forma information and exhibits filed with the report. It almost always accompanies another Item and is rarely news on its own.
Documents
| Type | Description | Document |
|---|---|---|
| 8-K | FORM 8K DATED NOVEMBER 9, 2026 | emp_8k-19107.htm |
| EX-10 | PROMISSORY NOTE DUE MAY 9, 2028 | exh_10.htm |
The summary above was generated by AI from the filing text and checked automatically against it. Read the original documents on SEC EDGAR. How to read an 8-K.