Battalion Oil Corp to Hold Shareholder Vote on Key Matters
Ticker: BATL · Form: 8-K · Filed: Feb 7, 2024 · CIK: 1282648
Complexity: simple
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
TL;DR
**Battalion Oil is putting major decisions to a shareholder vote, expect potential changes.**
AI Summary
Battalion Oil Corporation filed an 8-K on February 7, 2024, indicating a "Submission of Matters to a Vote of Security Holders." This filing signals that shareholders will soon vote on significant company matters, which could include mergers, acquisitions, or other strategic decisions. For investors, this means potential changes are on the horizon that could impact the company's valuation, future operations, and ultimately, the stock price.
Why It Matters
This filing signals upcoming shareholder decisions that could significantly alter Battalion Oil's strategic direction, potentially impacting its financial health and stock performance.
Risk Assessment
Risk Level: medium — The outcome of a shareholder vote on significant matters introduces uncertainty, which can lead to stock price volatility.
Analyst Insight
Investors should monitor subsequent filings (like proxy statements) to understand the specific matters being voted on and their potential impact on Battalion Oil Corporation's future.
Key Players & Entities
- Battalion Oil Corporation (company) — the registrant filing the 8-K
- February 7, 2024 (date) — date of earliest event reported and filing date
- 001-35467 (other) — Commission File Number for Battalion Oil Corporation
- Delaware (other) — state of incorporation for Battalion Oil Corporation
FAQ
What is the primary purpose of Battalion Oil Corporation's 8-K filing on February 7, 2024?
The primary purpose of Battalion Oil Corporation's 8-K filing on February 7, 2024, is to report the "Submission of Matters to a Vote of Security Holders," as stated in the 'ITEM INFORMATION' section.
What is Battalion Oil Corporation's Commission File Number?
Battalion Oil Corporation's Commission File Number is 001-35467, as indicated in the filing under 'Commission File Number'.
Where is Battalion Oil Corporation's principal executive office located?
Battalion Oil Corporation's principal executive office is located at 820 Gessner Road, Suite 1100, Houston, Texas 77024, according to the 'BUSINESS ADDRESS' section of the filing.
What is the earliest event reported date in this 8-K filing?
The earliest event reported date in this 8-K filing is February 7, 2024, as stated under 'Date of Report (Date of earliest event reported): February 7, 2024'.
What is the state of incorporation for Battalion Oil Corporation?
Battalion Oil Corporation is incorporated in Delaware, as specified in the filing under 'State or other jurisdiction of incorporation'.
Filing Stats: 478 words · 2 min read · ~2 pages · Grade level 12.7 · Accepted 2024-02-07 16:05:18
Key Financial Figures
- $0.0001 B — ich registered Common Stock par value $0.0001 BATL NYSE American Indicate by check
Filing Documents
- batl-20240207x8k.htm (8-K) — 44KB
- 0001558370-24-000855.txt ( ) — 169KB
- batl-20240207.xsd (EX-101.SCH) — 4KB
- batl-20240207_def.xml (EX-101.DEF) — 3KB
- batl-20240207_lab.xml (EX-101.LAB) — 17KB
- batl-20240207_pre.xml (EX-101.PRE) — 11KB
- batl-20240207x8k_htm.xml (XML) — 5KB
07
Item 5.07 Submission of Matters to a Vote of Security Holders. Battalion Oil Corporation (the " Company ") held its Annual Meeting of Stockholders on February 7, 2024, (the " 2023 Annual Meeting "), at which the Company's stockholders voted to elect six nominees to serve as directors of the Company until the next annual meeting of stockholders, and until their successors are elected and qualified or until their earlier resignation, removal from office, death or incapacity. The election of each of the six directors was approved as follows: Proposal 1 — Nominees for Directors Votes For Withheld Jonathan D. Barrett 13,910,788 404,316 David Chang 13,978,582 336,522 Gregory S. Hinds 13,989,559 325,545 Ajay Jegadeesan 13,987,523 327,581 William D. Rogers 13,411,863 903,241 Matthew B. Steele 13,990,088 325,016 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BATTALION OIL CORPORATION February 7, 2024 By: /s/ Walter R. Mayer Name: Walter R. Mayer Title: Senior Vice President, General Counsel and Corporate Secretary 3