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-0.00476190476190466 0.0386666666666666 -0.0119047619047619 -0.0893333333333333 -0.147619047619048 -0.119 -0.195571428571428 -0.230952380952381
Stock impact report

Prairie Operating Co. Announces Agreement with Series F Convertible Preferred Holder

Prairie Operating Co. (PROP) 
NASDAQ:AMEX Investor Relations: pledgepcorp.com
Company Research Source: GlobeNewswire
Houston, TX, April 09, 2026 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company,” “Prairie,” “we,” “our,” or “us”) – an independent energy company engaged in the development and acquisition of oil, natural gas, and natural gas liquids resources in the Denver-Julesburg (DJ) Basin – today announced that it has entered into an agreement with the holder of its Series F Convertible Preferred Stock, providing a path to eliminate any potential dilution associated with the related Anniversary Warrants of the Series F Preferred Stock (the “Anniversary Warrants”). Key terms of the agreement include: Immediate repayment of $13.7 million in stated value of the Series F Convertible Preferred Stock and waiver of the previously announced $3.0 million cash extension fee agreed to on March 25, 2026.A reduction in the shares covered by the Anniversary Warrant from 125% to 75% of the outstanding stated value of the Series F Preferred Stock.Total potential issuance of Anniversary W Show less Read more
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