Wed, Aug 14, 8:34 PM (153 days ago)
On August 14, 2024, Battalion Oil Corporation filed a Form 8-K with the SEC, reporting its second-quarter 2024 financial results. The press release includes non-GAAP financial measures such as adjusted net income and EBITDA, which management believes provide a clearer understanding of the company's performance compared to GAAP measures. Additionally, Battalion Oil announced a proposed transaction with Fury Resources, Inc., indicating that it will file a proxy statement and a transaction statement with the SEC. Shareholders will receive these documents to inform their voting decisions regarding the transaction. The company emphasizes the importance of reviewing these materials as they contain critical information about the proposed deal. The filing also notes that Battalion Oil is an emerging growth company and provides contact information for further inquiries. The press release and related documents will be available for free on the company's website and the SEC's website, encouraging investors to stay informed. Overall, this filing highlights significant corporate activity, including financial results and a potential merger, which may impact the company's stock value and financial position.