28 Dec 2020listing compliance notice▼ BadMajor
TRANSATLANTIC PETROLEUM LTD. terminated the registration of a class of securities, ending its reporting obligation for them.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
21 Dec 2020securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. amended an already-effective registration statement.
21 Dec 2020securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. amended an already-effective registration statement.
18 Dec 2020listing compliance notice● NeutralMajor
TRANSATLANTIC PETROLEUM LTD.'s exchange filed to remove a class of its securities from listing.
18 Dec 2020business combination▼ BadMajor
Completed the going-private merger effective December 18, 2020: every common share not already held by the buying group was cancelled for $0.13 cash, and the shares were delisted from NYSE American - ending TransAtlantic's run as a public company after 13 years, with ownership consolidated in the hands of Chairman Mitchell's family and the other Series A Preferred holders.
14 Dec 2020director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. President Todd Dutton exercised stock options for 1,989 shares and disposed of 2,475 shares.
14 Dec 2020director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Chief Executive Officer Noah Malone Mitchell III exercised stock options for 45,980 shares and disposed of 45,980 shares.
14 Dec 2020director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Vice President Engineering David Gerald Mitchell exercised stock options for 38,026 shares and disposed of 47,287 shares.
14 Dec 2020director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Executive VP Turkey Selami Uras exercised stock options for 59,443 shares and disposed of 59,443 shares.
14 Dec 2020director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. VP & General Counsel Tabitha Bailey exercised stock options for 35,874 shares and disposed of 44,610 shares.
14 Dec 2020director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Chief Accounting Officer Michael Paul Hill exercised stock options for 49,439 shares and disposed of 61,033 shares.
25 Nov 2020debt financing● Neutral
Got its 2019 DenizBank term loan's interest rate cut and repayment schedule eased for the final year, one of the last financing adjustments before the going-private merger closed.
19 Nov 2020quarterly activities report▼ Bad
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $8.6 million and a net loss of $3.0 million for the period ended 2020-09-30.
19 Nov 2020quarterly activities report▼ Bad
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $8.6 million and a net loss of $3.0 million for the period ended 2020-09-30.
17 Nov 2020late filing notice▼ Bad
TRANSATLANTIC PETROLEUM LTD. notified the SEC that its quarterly report would be filed late.
13 Nov 2020listing compliance notice▼ BadMajor
Received a NYSE American listing-deficiency notice after reporting a $17.3 million shareholders' equity deficit and net losses in each of the last five fiscal years - a stark confirmation of the financial deterioration behind the pending buyout.
9 Oct 2020substantial holder notice● Neutral
Gary West, Mary West reported a TRANSATLANTIC PETROLEUM LTD. shareholding of 8,631,530 shares (10.67% of votes) in a periodic institutional filing.
30 Sept 2020capital raising announcement▼ Bad
Paid its Q3 2020 Series A Preferred dividend in stock once more, at a share price down to $0.24 - about a tenth of its 2013 highs - as the going-private deal moved toward closing.
30 Sept 2020securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed notice of an exempt private placement.
22 Sept 2020debt financing● Neutral
Had Chairman Mitchell personally pledge Turkish real estate (including the Gundem resort and Diyarbakir property) to secure continued DenizBank support, restructured through the same buying group now taking the company private.
17 Aug 2020substantial holder notice● Neutral
Jonathon Fite disclosed a new substantial TRANSATLANTIC PETROLEUM LTD. shareholding (8.61% of votes).
12 Aug 2020quarterly activities report▼ Bad
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $6.5 million and a net loss of $7.7 million for the period ended 2020-06-30.
12 Aug 2020quarterly activities report▼ Bad
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $6.5 million and a net loss of $7.7 million for the period ended 2020-06-30.
11 Aug 2020securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed notice of an exempt private placement.
7 Aug 2020business combination▼ BadMajor
Signed a definitive merger agreement: a new entity controlled by 100% of its Series A Preferred holders (essentially Chairman Mitchell's family and a handful of other preferred investors) would buy out every other common shareholder for $0.13 cash per share - taking the company fully private under the same insiders who had financed and partly owned it for over a decade.
3 Aug 2020capital raising announcement▼ Bad
Paid its Q2 2020 Series A Preferred dividend in stock again, even as the going-private buyout talks with its own preferred holders were underway.
8 July 2020director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. President Todd Dutton received a stock option grant for 1,939 shares.
8 July 2020director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Executive VP Turkey Selami Uras received a stock option grant for 23,888 shares.
8 July 2020director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Vice President Engineering David Gerald Mitchell received a stock option grant for 17,853 shares.
8 July 2020director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Chief Executive Officer Noah Malone Mitchell III received a stock option grant for 16,165 shares.