# BATTALION OIL CORP (BATL) — capital_return/recapitalization [announced]
Source: SEC API (secapi.ai) · situation sit_00e3f02ed7b025945d1e · retrieved 2026-08-12T07:21:55.810Z

## Overview
Battalion Oil Corp is a crude petroleum and natural gas exploration and production company.

On August 7, 2026, Battalion Oil Corporation entered into a Preferred Stock Repurchase and Conversion Agreement with Gen IV Investment Opportunities, LLC. The Company repurchased 5,138 shares of Series A Preferred Stock at $1,685.2505 per share and 6,578.11 shares of Series A-1 Preferred Stock at $1,572.0604 per share, for an aggregate purchase price of $19,000,000. Simultaneously, Gen IV converted 1,231.89 shares of Series A-1 Preferred Stock, 6,630 shares of Series A-2 Preferred Stock, 3,789 shares of Series A-3 Preferred Stock, and 3,789 shares of Series A-4 Preferred Stock into an aggregate of 3,494,258 shares of common stock. Following the closing, Gen IV no longer holds any preferred stock, and the repurchased shares were retired and cancelled.

## Terms
- Counterparty: Gen IV Investment Opportunities, LLC · Deal value: $19.0M · Consideration: cash

## Key dates
- Announced 2026-08-07

## Timeline
- 2026-08-07 · 8-K (0001104659-26-092788): 8-K - BATTALION OIL CORP — *Battalion Oil Corp is a crude petroleum and natural gas exploration and production company.* On August 7, 2026, Battalion Oil Corporation entered into a Preferred Stock Repurchase and Conversion Agreement with Gen IV Investment Opportunities, LLC. The Company repurchased 5,138 shares of Series A Preferred Stock at $1,685.2505 per share and 6,578.11 shares of Series A-1 Preferred Stock at $1,572.0604 per share, for an aggregate purchase price of $19,000,000. Simultaneously, Gen IV converted 1,231.89 shares of Series A-1 Preferred Stock, 6,630 shares of Series A-2 Preferred Stock, 3,789 shares of Series A-3 Preferred Stock, and 3,789 shares of Series A-4 Preferred Stock into an aggregate of 3,494,258 shares of common stock. Following the closing, Gen IV no longer holds any preferred stock, and the repurchased shares were retired and cancelled.
  https://www.sec.gov/Archives/edgar/data/1282648/0001104659-26-092788.txt

## Citations
- 0001104659-26-092788 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926092788