Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CRKR | Common Stock | Purchase | +40.8K | +0.37% | 11M | Sep 26, 2023 | By affiliate | F3 | ||
holding | CRKR | Common Stock | 31.1M | Sep 26, 2023 | By affiliates | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CRKR | Series D Preferred Stock | Award | $0 | +1.21M | $0.00 | 1.21M | Sep 12, 2023 | Series Preferred Stock | 1.21M | By affiliates | F2 | ||
transaction | CRKR | Warrant | Award | $0 | +2.43M | $0.00 | 2.43M | Sep 12, 2023 | Warrant | 2.43M | By affiliates | F2 | ||
holding | CRKR | Convertible Debenture | 5.71M | Sep 26, 2023 | Convertible Debenture | 5.71M | By affiliates | F1 | ||||||
holding | CRKR | Series D Preferred Stock | 21.6M | Sep 26, 2023 | Series Preferred Stock | 21.6M | By affiliates | F1 | ||||||
holding | CRKR | Warrant | 14.3M | Sep 26, 2023 | Warrant | 14.3M | By affiliates | F3 |
Id | Content |
---|---|
F1 | Bristol Investment Fund, Ltd. ("BIF") holds a convertible debenture with principal amount of $1,000,000, convertible at $0.175 per share, due 12/31/23 (amended and restated debenture received in connection with the May 2023 merger with Creek Road Miners, Inc.) and 3,773 shares of Series D Preferred Stock (with stated value of $1,000) convertible at $0.175 per share, with no due date, received in connection with merger |
F2 | 212.36 shares of Series D Preferred Stock (with stated value of $1,000 per share), convertible at $0.175 per share, acquired in September 2023 pursuant to Securities Purchase Agreement ("SPA") by and between Bristol Investment Fund, Ltd. ("BIF") and another investor. Pursuant to the SPA, BIF also acquired a Series D "A" warrant for 1,231,483 shares (expires May 2028) and a Series D "B" warrant for 1,213,483 shares (expires May 2024) |
F3 | Mr. Kessler has voting and dispositive control over the following securities: (i) 20,095,911 shares of common stock held by Bristol Investment Fund, Ltd., a Cayman Islands exempted company ("BIF") (managed by Bristol Capital Advisors, LLC, a Delaware LLC) and (ii) 10,976,011 shares of common stock held by Bristol Capital, LLC, a Delaware LLC ("BC") (BC acquired 40,821 shares in September 2023 as payment of consulting services). In connection with Issuer's merger with Creek Road Miners, Inc. in May 2023, BIF acquired warrants to purchase a total of 14,285,714 shares of common stock of the Issuer, half of which expire in May 2024 with the other half expiring in May 2028. |