false 0001792849 0001792849 2022-09-02 2022-09-02 0001792849 hpk:CommonStockCustomMember 2022-09-02 2022-09-02 0001792849 hpk:WarrantCustomMember 2022-09-02 2022-09-02
 


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 

 
FORM 8-K
 

 
CURRENT REPORT
 
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
 
Date of report (Date of earliest event reported): September 2, 2022
 
 

 
 
HighPeak Energy, Inc.
(Exact name of registrant as specified in its charter)
 
 

     
Delaware
001-39464
84-3533602
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
     
421 W. 3rd St., Suite 1000
Fort Worth, Texas 76102
(address of principal executive offices) (zip code)
 
(817) 850-9200
(Registrant’s telephone number, including area code)
 
 

 
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencements communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of Each Class
 
Trading Symbol(s)
 
Name of Each Exchange on Which Registered
Common Stock
 
HPK
 
The Nasdaq Stock Market LLC
Warrant
 
HPKEW
 
The Nasdaq Stock Market LLC
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company ☒
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 


 
 

 
 
Item 7.01
Regulation FD Disclosure.
 
On September 6, 2022, HighPeak Energy, Inc. (the “Company”) issued a press release regarding the private placements described in Item 8.01 below. A copy of the press release is included as Exhibit 99.1 hereto and incorporated by reference.  
 
The information furnished pursuant to this Item 7.01 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Securities Act”), as amended, and will not be incorporated by reference into any filing under the Securities Act, unless specifically identified therein as being incorporated therein by reference.
 
Item 8.01
Other Events.
 
On September 2, 2022, HighPeak Energy, Inc. (the “Company”) closed an aggregate $85 million private placement of 3.9 million newly issued shares of the Company’s common stock at a price per share of $21.61 as determined by the 5-day volume weighted average closing price per share for the five days immediately prior to (and excluding) August 22, 2022. The initial closings occurred on August 22, 2022, as disclosed in the Company’s Form 8-K filed on August 22, 2022, with the final closings on September 2, 2022.  The Company intends to use the proceeds of the private placement for general corporate purposes.  
 
Item 9.01
Financial Statements and Exhibits.
 
(d)
Exhibits.
 
Exhibit
Number
Description of Exhibit
99.1 Press Release dated September 6, 2022.
104 Cover Page Interactive Data File (embedded within Inline XBRL document).
 
2

 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
HIGHPEAK ENERGY, INC.
   
Date:       
September 6, 2022  
 
By: 
/s/ Steven W. Tholen
 
Name:
Steven W. Tholen
 
Title: 
Chief Financial Officer
 
3
 
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