Past year: ▼ 80%(40.6c – 2.05 USD)
Each one in plain English, with the numbers worked through for a shareholder.
9 Apr 2026capital raising announcement▲ GoodMajor
Repurchased 13,727 shares of its Series F Convertible Preferred Stock from Hudson Bay PH XIX LLC ('High Trail') for about $19.0 million cash plus stock for accrued dividends -- a de-risking move to shrink the increasingly troublesome Series F preferred overhang already flagged as an active financial-distress watch item.
26 Mar 2025capital raising announcement▼ BadMajor
Raised about $139 million net by selling 148,250 shares of a new Series F preferred stock -- the money that paid for the Bayswater acquisition closing days later. The terms were the catch: a 12% dividend that jumps to 25% once the credit facility matures, a right for holders to take 25% of the proceeds of any future financing, and warrants due to them on the first anniversary. That anniversary warrant is the obligation Prairie would spend 2026 paying $3 million at a time to postpone.
16 Oct 2023capital raising announcement▲ GoodMajor
As the newly renamed Prairie Operating Co., saw holders convert $2.0 million of its 12% senior secured convertible debentures (issued May 2023) into 11,447,619 shares -- reducing debt from the pre-merger financing package.
20 Dec 2021capital raising announcement▲ Good
Restated the December 2021 Series C round upward to its final size -- 23 investors, 7,880 preferred shares and $7.88 million, against the $6.2 million from 20 investors first reported -- the largest single raise of the crypto-mining era.
10 Dec 2021capital raising announcement▲ GoodMajor
Raised $6.2 million from 20 investors via 6,200 shares of newly created Series C Preferred Stock plus warrants ($2.75 strike).
8 Oct 2021capital raising announcement● Neutral
Raised additional working capital from a single investor (500,000 shares plus warrants).
27 Sept 2021capital raising announcement● Neutral
Restated the August 2021 crypto-pivot placement at its final size: 15 investors rather than 14, 2,433,340 shares and $3.65 million rather than $3.5 million.
31 Aug 2021capital raising announcement▲ GoodMajor
As newly renamed Creek Road Miners, Inc., raised $3.5 million from 14 investors (2,333,340 shares plus $1.50-strike warrants) to fund its crypto-mining pivot.
What it means for a shareholder
2.3m new shares at about US$1.50 to raise about US$3.5m. That's 39% dilution: every existing holder's slice gets 39% smaller. If you held US$1,000 of shares (667 at the issue price), your slice goes from 0.0182% to 0.0111% of the company. To keep it you'd need 424 more shares - about US$636 at the issue price.
Create a free account to see this worked out for your own holding.
2 Apr 2021capital raising announcement▲ GoodMajor
As Wizard Brands, Inc., agreed to sell Leviston Resources LLC $5 million of Series B Preferred Stock and warrants, paid in tranches tied to registration-statement milestones -- capital raised as the company pivoted toward cryptocurrency mining.
23 Dec 2019capital raising announcement▼ BadMajor
Raised $2.5 million cash from Barlock 2019 Fund, LP via a 12% secured debenture (due Dec 2021, secured by essentially all company assets) plus a warrant for 6,000,000 shares -- the start of a lender relationship that would later turn contentious ahead of the Prairie merger.
21 Dec 2018capital raising announcement▼ Bad
Issued 5,768,956 shares of convertible preferred stock to two people to cancel $709,582 in fees the company owed them -- paying vendors in stock rather than cash.
2 Dec 2016capital raising announcement▼ BadMajor
Sold $2.5 million of convertible debentures plus warrants for a combined 33.3 million shares (at $0.15 and a nominal $0.0001 strike) to Bristol Investment Fund, an entity controlled by the company's own Board Chairman -- a large, insider-favorable related-party financing.
26 Aug 2013capital raising announcement▲ GoodMajor
Converted all outstanding Series A Preferred Stock into about 9.5 million common shares and exchanged roughly 8.0 million warrants for about 4.0 million more shares, plus 1.6 million shares to cover accrued dividends -- eliminating derivative liabilities from the balance sheet and closing out the 2011-2012 Series A financing round (about 51.1 million shares then outstanding).
3 May 2012capital raising announcement▲ Good
Closed a second round ($725,000 from 12 investors) of the same Series A Preferred Stock offering.
5 Apr 2012capital raising announcement▲ Good
Closed the first round ($825,000 from 10 investors) of a targeted $2 million Series A Preferred Stock offering plus warrants.
27 Dec 2011capital raising announcement● Neutral
Raised $250,000 from a trust for the children of Executive Chairman Michael Mathews -- a related-party insider investment (357,143 shares at $0.70).
12 Dec 2011capital raising announcement▼ Bad
Raised $325,000 through 6% Senior Convertible Debentures, mandatorily convertible into Series A Preferred Stock once a qualifying $500,000+ Series A placement closed.
30 Aug 2011capital raising announcement▼ Bad
Raised $455,000 through 14%-interest Convertible Promissory Notes (4-month maturity) plus warrants -- a short-term, high-cost bridge loan.
25 Apr 2011capital raising announcement● Neutral
As newly renamed Wizard World, Inc., raised $575,000 in a private placement of Series A Cumulative Convertible Preferred Stock plus warrants -- early funding for the comic-convention events business.
