25 Aug 2016quarterly activities report▼ Bad
LILIS ENERGY, INC. reported quarterly revenue of $990 thousand and a net loss of $11.1 million for the period ended 2016-06-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
23 Aug 2016director interest notice● Neutral
LILIS ENERGY, INC. director R Glenn Dawson bought 126 shares on the open market.
15 Aug 2016late filing notice▼ Bad
LILIS ENERGY, INC. notified the SEC that its quarterly report would be filed late.
5 Aug 2016capital raising announcement● Neutral
Holders of the last $1.8 million of Lilis's 12% convertible notes agreed to extend maturity to January 2017 at a sharply improved $1.10 conversion price and a higher 15% coupon, a sign terms were less desperate than the sub-$0.25 pricing of the pre-merger bridge notes.
1 Aug 2016listing compliance notice● NeutralMajor
LILIS ENERGY, INC.'s exchange filed to remove a class of its securities from listing.
29 July 2016listing compliance notice▼ BadMajor
Nasdaq made it official: after suspending trading since late May, it delisted Lilis Energy's stock, which moved to the OTCQB under the same LLEX symbol - closing out more than two years of listing-compliance warnings the company was never able to fully outrun. The company said it would seek to relist on the Nasdaq Capital Market. Separately, the company granted Brushy's lender a security interest in essentially all of its combined assets.
26 July 2016director interest notice● Neutral
LILIS ENERGY, INC. director Peter Benz received 10,000 shares and a 45,000-share option grant as part of the equity award.
11 July 2016director interest notice● Neutral
LILIS ENERGY, INC. director Peter Benz received 50,000 shares as part of the equity award.
11 July 2016director interest notice● Neutral
LILIS ENERGY, INC. Executive Chairman Ronald D Ormand received 1,250,000 shares as part of the equity award.
11 July 2016substantial holder notice● Neutral
RONALD D. ORMAND reported a LILIS ENERGY, INC. shareholding of 2,530,752 shares (14.70% of votes) in a periodic institutional filing.
11 July 2016director interest notice● Neutral
LILIS ENERGY, INC. director Nuno Brandolini received 50,000 shares as part of the equity award.
11 July 2016director interest notice● Neutral
LILIS ENERGY, INC. director Merrill A Mcpeak received 50,000 shares as part of the equity award.
11 July 2016director interest notice● Neutral
LILIS ENERGY, INC. director R Glenn Dawson acquired 215,955 shares through company equity transactions.
8 July 2016securities registration● Neutral
LILIS ENERGY, INC. amended a filing by which it filed notice of an exempt private placement.
7 July 2016securities registration● Neutral
LILIS ENERGY, INC. filed notice of an exempt private placement.
30 June 2016substantial holder notice● Neutral
ABRAHAM MIRMAN reported a LILIS ENERGY, INC. shareholding of 1,255,847 shares (8.10% of votes) in a periodic institutional filing.
28 June 2016business combination▲ GoodMajor
Lilis completed its merger with Brushy Resources on June 23, 2016. In the same sweep it converted $4 million of its 12% notes to stock at $0.11/share, guaranteed roughly $5.5 million of Brushy's remaining bank debt with a blanket lien on the combined company's assets, watched Brushy shed its South Texas assets to erase $20.5 million of subordinated debt, and paid off its own Heartland loan at a discount - finally closing out the Hexagon-era-style debt overhang, though at the cost of a new blanket lien securing Brushy's lender.
28 June 2016director interest notice● Neutral
LILIS ENERGY, INC. Executive Vice President & CFO Kevin K Nanke bought 40,000 shares on the open market at $0.00.
27 June 2016director interest notice● Neutral
Peter Benz became a LILIS ENERGY, INC. director and company insider (initial ownership filing).
27 June 2016director interest notice● Neutral
LILIS ENERGY, INC. Executive Vice President & CFO Kevin K Nanke acquired 715,909 shares through company equity transactions.
27 June 2016director interest notice● Neutral
LILIS ENERGY, INC. director Merrill A Mcpeak converted derivative holdings into 277,275 shares.
27 June 2016director interest notice● Neutral
Edward Brett Shaw became a LILIS ENERGY, INC. Executive VP and COO and company insider (initial ownership filing).
27 June 2016director interest notice● Neutral
LILIS ENERGY, INC. General Counsel Ariella S Fuchs received a stock option grant for 375,000 shares.
27 June 2016director interest notice● Neutral
LILIS ENERGY, INC. director Peter Benz received 1,035,234 shares as part of the equity award.
27 June 2016director interest notice● Neutral
LILIS ENERGY, INC. President Michael J Pawelek received 53,041 shares and a 375,000-share option grant as part of the equity award.
27 June 2016director interest notice● Neutral
LILIS ENERGY, INC. director Nuno Brandolini converted derivative holdings into 247,273 shares.
27 June 2016director interest notice● Neutral
Michael J Pawelek became a LILIS ENERGY, INC. President and company insider (initial ownership filing).
27 June 2016director interest notice● Neutral
LILIS ENERGY, INC. director Ronald D Ormand converted derivative holdings into 1,236,364 shares.
27 June 2016director interest notice● Neutral
LILIS ENERGY, INC. Chief Executive Officer Abraham Mirman acquired 1,981,819 shares and disposed of 250 in a set of related equity transactions.
27 June 2016director interest notice● Neutral
LILIS ENERGY, INC. Executive VP and COO Edward Brett Shaw received 53,041 shares and a 375,000-share option grant as part of the equity award.