M&A - CoJax Oil & Gas Corp
Form Type: 8-K/A
Filing Date: 2025-01-14
Corporate Action: Acquisition
Type: Update
Accession Number: 000175392625000083
Filing Summary: CoJax Oil and Gas Corporation, through its wholly-owned subsidiary Barrister Energy LLC, completed an acquisition of certain mineral and oil and gas properties located in Mississippi from Liberty Operating, LLC. This acquisition occurred on August 29, 2024, with the effective date for accounting purposes set to July 1, 2024. The total consideration for the acquisition was 2,211,982 shares of CoJax's common stock at an adjusted valuation of $2.00 per share. This filing serves to provide financial disclosures omitted from the original Form 8-K report, including financial statements related to the acquisition and an adjusted valuation of the common stock issued. The shares were issued under an exemption from the registration requirements of the Securities Act of 1933 as non-public offerings.
Additional details:
Item 1: Entry into a Material Definitive Agreement
Item 2: Completion of Acquisition or Disposition of Assets
Effective Date: 2024-07-01
Acquisition Amount Shares: 2,211,982
Adjusted Valuation: $2.00 per share
Financial Statements: Statement of Revenue and Direct Operating Expenses for the year ended December 31, 2023
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