This is a routine administrative extension of an existing capital-raising program. Monitor the company's next quarterly filing for any update on total units sold and resulting dilution. No immediate trading action warranted.
Price Chart
Executive Summary
Zion Oil & Gas filed Amendment No. 2 to its Dividend Reinvestment and Direct Stock Purchase Plan (DSPP) prospectus supplement, extending the Unit Option Program from September 10, 2026 to September 25, 2026. The program offers units at $250 each, consisting of common stock and warrants (ZNWBD) exercisable at $0.75 per share through April 27, 2027. This is a routine capital-raising administrative update with no material financial impact.
Key Facts
- Zion Oil & Gas extended the Unit Option Program under its DSPP from September 10, 2026 to September 25, 2026.
- Each Unit is priced at $250.00 and consists of common stock plus warrants to purchase 75 shares at $0.75 per share.
- The ZNWBD warrants become exercisable on October 27, 2026 and expire on April 27, 2027.
- The warrants will not be registered for trading on the OTCQX or any other market.
- A Warrant Agent Agreement was executed with Equiniti Trust Company, LLC effective August 12, 2026.
Financial Impact
No financial figures disclosed; the offering is an extension of an existing unit program with $250 per unit pricing.
Risk Factors
- Potential dilution if the unit program and subsequent warrant exercises attract significant participation.
- Warrants are not listed on any exchange, limiting liquidity for holders.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-030020 |
| Exhibit: ex_1014282.htm | 0001437749-26-030020 |
| Exhibit: ex_1014281.htm | 0001437749-26-030020 |
| Document: 0001437749-26-030020-index-headers.html | 0001437749-26-030020 |
| Document: 0001437749-26-030020-index.html | 0001437749-26-030020 |
| Document: 0001437749-26-030020.txt | 0001437749-26-030020 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 6w ago | 8-K | $0.5100 $0.4300 | ▼ −15.69% | ▼ −18.06% | $0.3530 (−30.78%) |
Sep 10, 2026 6w ago | 424B5 | $0.5100 $0.4300 | ▼ −15.69% | ▼ −18.06% | $0.3530 (−30.78%) |
Aug 12, 2026 10w ago | 8-K / 424B5 | $0.4000 $0.5100 | ▲ +27.50% | ▲ +29.40% | $0.3530 (−11.75%) |
US Market Status
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