Battalion Oil Corp. Faces Delisting Concerns
Ticker: BATL · Form: 8-K · Filed: Aug 25, 2025 · CIK: 1282648
Sentiment: bearish
Topics: delisting, listing-standards, financial-distress
TL;DR
Battalion Oil Corp. might be delisted - big trouble brewing.
AI Summary
On August 19, 2025, Battalion Oil Corp. filed an 8-K to report a notice of delisting or failure to satisfy a continued listing rule or standard. The filing also includes financial statements and exhibits.
Why It Matters
This filing indicates potential issues with Battalion Oil Corp.'s continued listing on an exchange, which could impact its stock trading and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards suggests significant financial or operational distress for the company.
Key Players & Entities
- Battalion Oil Corp. (company) — Registrant
- August 19, 2025 (date) — Earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 001-35467 (identifier) — Commission File Number
FAQ
What specific listing rule or standard has Battalion Oil Corp. failed to satisfy?
The filing does not specify the exact rule or standard that has not been met, only that a notice has been issued.
What are the potential consequences of failing to satisfy a continued listing rule?
Failure to satisfy listing rules can lead to delisting from the stock exchange, which can negatively impact liquidity and investor confidence.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on August 19, 2025.
What is the primary business of Battalion Oil Corp. according to the filing?
Battalion Oil Corp. is in the Crude Petroleum & Natural Gas industry, SIC code 1311.
Does this filing provide updated financial statements?
Yes, the filing indicates that financial statements and exhibits are included.
Filing Stats: 757 words · 3 min read · ~3 pages · Grade level 12.4 · Accepted 2025-08-25 16:15:21
Key Financial Figures
- $0.0001 B — ich registered Common Stock par value $0.0001 BATL NYSE American Indicate by check
- $2 million — intain stockholders' equity of at least $2 million if it has reported losses from continui
- $4 million — quires stockholders' equity of at least $4 million if the company has reported such losses
- $0.001 — The Company's common stock, par value $0.001 per share (the " Common Stock "), will
Filing Documents
- batl-20250819x8k.htm (8-K) — 40KB
- batl-20250819xex99d1.htm (EX-99.1) — 9KB
- batl-20250819xex99d1001.jpg (GRAPHIC) — 12KB
- 0001558370-25-011754.txt ( ) — 188KB
- batl-20250819.xsd (EX-101.SCH) — 4KB
- batl-20250819_def.xml (EX-101.DEF) — 3KB
- batl-20250819_lab.xml (EX-101.LAB) — 17KB
- batl-20250819_pre.xml (EX-101.PRE) — 11KB
- batl-20250819x8k_htm.xml (XML) — 5KB
01
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On August 19, 2025, Battalion Oil Corporation (the " Company ") received a letter (the " Acceptance Letter ") from NYSE American LLC (the " NYSE American ") notifying the Company that its plan of compliance (the " Plan ") has been accepted. The Plan outlines actions the Company intends to take to regain compliance with the continued listing standards of the NYSE American. As previously disclosed, the Company received a notice from NYSE American on May 30, 2025, stating that it was not in compliance with Sections 1003(a)(i) and 1003(a)(ii) of the NYSE American Company Guide (the " Company Guide "). Section 1003(a)(i) requires a listed company to maintain stockholders' equity of at least $2 million if it has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years. Section 1003(a)(ii) requires stockholders' equity of at least $4 million if the company has reported such losses in three of its four most recent fiscal years. The Acceptance Letter grants the Company a compliance period through November 30, 2026 (the " Compliance Deadline "), during which NYSE American staff will monitor the Company's progress under the Plan. If the Company fails to make progress consistent with the Plan, NYSE American may initiate delisting procedures, regardless of the Company's listing status at that time. The Company's common stock, par value $0.001 per share (the " Common Stock "), will continue to be listed on the NYSE American under the symbol "BATL," pursuant to an exception, and subject to continued compliance with other applicable listing requirements. The Company's current noncompliance does not affect its ongoing business operations or its reporting obligations with the U.S. Securities and Exchange Commission. The Company is actively evaluating all available options to regain compliance. However, there can be no a
01
Item 9.01 Exhibits. Exhibit No. Description 99.1 Press Release issued on August 25, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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 August 25, 2025 By: /s/ Matthew B. Steele Name: Matthew B. Steele Title: Chief Executive Officer 3