Business Context and Reporting Period
This Form 8-K is filed by Halcón Resources Corporation (not Battalion Oil Corp) for the reporting period ending November 30, 2012. The filing addresses a corporate governance action regarding the company's capital structure.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding a specific corporate event rather than a periodic financial statement.
Material Changes
- Elimination of Preferred Stock: On November 30, 2012, the Company filed a Certificate of Elimination with the Delaware Secretary of State to remove its 8% Automatically Convertible Preferred Stock from its Amended and Restated Certificate of Incorporation.
- Conversion History: All outstanding shares of the 8% Preferred Stock had previously automatically converted into common stock on April 17, 2012. No shares of this preferred stock were outstanding after that date.
- Effectiveness: The Certificate of Elimination became effective immediately upon filing.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document is strictly procedural, confirming the formal removal of a stock class that was already fully converted.
Investor Verification Checklist
- Verify the exact date of the Certificate of Elimination filing (November 30, 2012).
- Confirm that no shares of 8% Preferred Stock remain outstanding following the April 17, 2012 conversion.
- Review the attached Exhibit 3.1 for the full legal text of the Certificate of Elimination.
- Note that this filing does not contain updated financial performance data.