HighPeak Energy, Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>HighPeak Energy, Inc. is holding its 2024 Annual Meeting of Stockholders on June 4, 2024, to elect directors and vote on company matters.</b>

AI Summary

HighPeak Energy, Inc. (HPK) filed a Proxy Statement (DEF 14A) with the SEC on April 17, 2024. The 2024 Annual Meeting of Stockholders for HighPeak Energy, Inc. will be held on June 4, 2024, at 10:00 a.m. Central Time. The meeting will take place at the company's headquarters located at 421 W. 3rd Street, Suite 1000, Fort Worth, Texas 76102. Stockholders of record as of April 8, 2024, are eligible to vote. The primary purpose of the meeting is to elect two Class A director nominees to the Board of Directors. Proxy materials are being distributed to stockholders for voting.

Why It Matters

For investors and stakeholders tracking HighPeak Energy, Inc., this filing contains several important signals. This filing is a definitive proxy statement (DEF 14A), indicating the company is formally soliciting shareholder votes for its upcoming annual meeting. The election of directors is a critical governance function, and shareholder participation ensures alignment between management and ownership.

Risk Assessment

Risk Level: low — HighPeak Energy, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting and does not contain significant new financial or operational information that would alter the company's risk profile.

Analyst Insight

Stockholders should review the proxy materials carefully and vote their shares by the deadline to ensure their voice is heard on director elections and other proposals.

Key Numbers

• 2024-06-04 — Annual Meeting Date (Date of the 2024 Annual Meeting of Stockholders)
• 10:00 a.m. Central Time — Annual Meeting Time (Time of the 2024 Annual Meeting of Stockholders)
• 2024-04-08 — Record Date (Stockholders of record as of this date are eligible to vote)
• 2 — Director Nominees (Number of Class A director nominees to be elected)

Key Players & Entities

• HighPeak Energy, Inc. (company) — Registrant and company name
• Jack Hightower (person) — Chairman and Chief Executive Officer
• Fort Worth, Texas (location) — Company business and mailing address
• 0001792849 (company) — Central Index Key for HighPeak Energy, Inc.
• 001-39464 (company) — SEC File Number for HighPeak Energy, Inc.

FAQ

Industry Context

HighPeak Energy operates in the oil and gas drilling sector, a capital-intensive industry subject to commodity price fluctuations and regulatory oversight.

Regulatory Implications

Companies in the oil and gas sector are subject to various environmental, safety, and financial regulations from agencies like the EPA and SEC.

What Investors Should Do

1. Review the proxy statement for details on director nominees and any other proposals.
2. Vote your shares by the specified deadline, either online, by phone, or by mail.
3. Ensure your shares are represented at the annual meeting to influence company governance.

Key Dates

• 2024-06-04: 2024 Annual Meeting of Stockholders — Election of directors and voting on company proposals.
• 2024-04-08: Record Date — Determines which stockholders are eligible to vote at the annual meeting.
• 2024-04-17: Filing Date — Date the definitive proxy statement was filed with the SEC.

Year-Over-Year Comparison

This is the initial filing of the definitive proxy statement for the 2024 Annual Meeting of Stockholders.

Key Financial Figures

• $0.0001 — The Company's common stock, par value $0.0001 per share (the "Common Stock"), is the
• $6,250 — , for an aggregate fee of approximately $6,250. The Company will bear all costs of sol
• $525 m — mmittees since its January 2022 IPO for $525 million, which will target acquisitions i
• $550 m — mittees since its February 2021 IPO for $550 million, until it was liquidated to stock
• $1 billion — ich had a market capitalization of over $1 billion and served such directorship from 2000

Filing Documents

• hpe20240326_def14a.htm (DEF 14A) — 423KB
• hpe20240326_def14aimg001.jpg (GRAPHIC) — 6KB
• hpe20240326_def14aimg002.jpg (GRAPHIC) — 6KB
• 0001437749-24-012319.txt (&nbsp;) — 442KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 12 DIRECTOR COMPENSATION 18 EQUITY COMPENSATION PLAN INFORMATION 19 COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION 19 CORPORATE GOVERNANCE 20

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 23 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 25 PROPOSAL TWO—RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 38 AUDIT COMMITTEE REPORT 30 STOCKHOLDER PROPOSALS AND DIRECTOR NOMINATIONS 31 AVAILABILITY OF CERTAIN DOCUMENTS 32 i HIGHPEAK ENERGY, INC. 421 W. 3RD STREET, SUITE 1000 FORT WORTH, TEXAS 76102 PROXY STATEMENT 2024 ANNUAL MEETING OF STOCKHOLDERS The Board of Directors (the "Board of Directors" or the "Board") of HighPeak Energy, Inc. (the "Company," "HighPeak," "HighPeak Energy," "we," "us" or "our") requests your proxy for the 2024 Annual Meeting of Stockholders (the "Annual Meeting") that will be held on June 4, 2024, at 10:00 a.m., Central Time at 421 W. 3rd Street, Suite 1000, Fort Worth, Texas 76102. By granting the proxy, you authorize the persons named on the proxy to represent you and vote your shares at the Annual Meeting. Those persons will also be authorized to vote your shares to adjourn the Annual Meeting from time to time and to vote your shares at any adjournments or postponements of the Annual Meeting. This proxy statement (this "Proxy Statement") is dated April 17, 2024 and is first being mailed to our stockholders on or about that date. ABOUT THE ANNUAL MEETING Purpose of the Annual Meeting The purpose of the Annual Meeting is for our stockholders to consider and act upon the proposals described in this Proxy Statement and any other matters that properly come before the Annual Meeting or any adjournment or postponement thereof. In addition, management will report on the performance of the Company and respond to questions from stockholders. Proposals to be Voted Upon at the Annual Meeting At the Annual Meeting, our stockholders will be asked to consider and vote upon the following two proposals: Proposal ONE: To elect the two Class A director nominees named in this Proxy Statement to the Company's Board of

View Full Filing

View this DEF 14A filing on SEC EDGAR