Camber Energy Inc (CEI)

[Deewar25]

currently 12.9m min, float should be 12.8 (they just added 9.1m on conversion)

Item 3.02 Unregistered Sales of Equity Securities.



Due to mainly certain recent conversions of Series C redeemable Convertible Preferred Stock (the “ Series C Preferred Stock ”) of Camber Energy, Inc. (the “ Company ”, “ Camber ”, “ we ” and “ us ”), of which 1,183 shares are outstanding as of the date of the Report, the terms of which are disclosed in the Company’s Current Reports on Form 8-K filed with the Securities and Exchange Commission on April 7, 2016 and October 5, 2017, and certain recent issuances pursuant to the terms of the Company’s April 2016 warrant, which was exercised in full on October 7, 2016, as described in the Form 8-K filed with the Securities and Exchange Commission on October 12, 2016, the Company currently has 12,941,900 shares of common stock issued and outstanding.



Specifically, since February 14, 2018 (the date the Company’s Quarterly Report on Form 10-Q for the quarter ended December 31, 2017, was filed with the Securities and Exchange Commission), a total of 159 shares of Series C Preferred Stock have been converted into common stock by the holder thereof (the “ Investor ”), which together with the shares of common stock issued upon the exercise of the warrant held by the Investor, and shares of common stock issued upon conversion of a debenture sold to the Investor in April 2016, total approximately 9,148,062 shares of common stock which have been issued to the Investor since February 14, 2018.