20 Aug 2014substantial holder notice● Neutral
Michael D. Herman reported a Yuma Energy, Inc. shareholding of 2,002,580 shares (41.82% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Aug 2014quarterly activities report▼ Bad
Yuma Energy, Inc. reported quarterly revenue of $10.3 million and a net loss of $7.6 million for the period ended 2014-06-30.
14 Aug 2014quarterly activities report▼ Bad
Yuma Energy, Inc. reported quarterly revenue of $10.3 million and a net loss of $7.6 million for the period ended 2014-06-30.
12 Aug 2014substantial holder notice● Neutral
Yuma Energy, Inc reported a Yuma Energy, Inc. shareholding of 2,002,580 shares (41.30% of votes) in a periodic institutional filing.
12 Aug 2014business combination● Neutral
Pyramid and Yuma announced on August 12, 2014 that both special shareholder meetings will be held on September 10, 2014 in Houston, with a record date of August 11, 2014. This fills in the meeting dates that were blank in the S-4, so Pyramid shareholders now have a date to vote on the merger.
11 Aug 2014securities registration● Neutral
Yuma Energy, Inc. filed the final prospectus for a registered offering.
7 Aug 2014business combination● Neutral
Pyramid filed Amendment No. 1 to its Yuma merger S-4 on August 7, 2014, restating the terms already known: Yuma holders get 66,336,701 Pyramid shares, fixed regardless of share price, and Pyramid's closing price on August 6, 2014 was $5.33. Meeting dates are still blank in this filing, and the document remains subject to completion; the part of the filing provided does not show what changed from the August 4 version.
4 Aug 2014business combination● NeutralMajor
Pyramid filed a new S-4 registration on August 4, 2014 for the Yuma merger, replacing an earlier S-4 that was withdrawn. It registers up to 66,336,701 Pyramid shares for Yuma holders: about 43.5 million to common holders, 15.1 million to Series A preferred holders and 7.8 million to Series B preferred holders, subject to a downward adjustment for dissenting shares. The consideration is fixed and will not change with Pyramid's share price. Both companies must hold special shareholder meetings, with dates still blank, and Pyramid's name will change to Yuma Energy, Inc. The proxy statement/prospectus is still subject to completion.
4 Aug 2014business combination● Neutral
On August 1, 2014 Pyramid and Yuma amended their February merger agreement to drop the planned reincorporation from California to Delaware. The filing says all economic terms are unchanged. The parties said shareholders would be better served by the flexibility Pyramid has from its SEC reporting history if it is not reincorporated. The voting agreements were also restated to reflect the amendment.
15 May 2014quarterly activities report▼ Bad
Yuma Energy, Inc. reported quarterly revenue of $10.6 million and a net loss of $295 thousand for the period ended 2014-03-31.
15 May 2014quarterly activities report▼ Bad
Yuma Energy, Inc. reported quarterly revenue of $10.6 million and a net loss of $295 thousand for the period ended 2014-03-31.
31 Mar 2014quarterly activities report▼ Bad
Yuma Energy, Inc. reported quarterly revenue of $10.6 million and a net loss of $295 thousand for the period ended 2014-03-31.
14 Feb 2014substantial holder notice● Neutral
Yuma Energy, Inc disclosed a new substantial Yuma Energy, Inc. shareholding (41.30% of votes).
14 Feb 2014substantial holder notice● Neutral
Barry Honig reported a Yuma Energy, Inc. shareholding of 324,814 shares (6.93% of votes) in a periodic institutional filing.
11 Feb 2014substantial holder notice● Neutral
Michael D. Herman reported a Yuma Energy, Inc. shareholding of 1,952,580 shares (39.51% of votes) in a periodic institutional filing.
6 Feb 2014business combination● NeutralMajor
Pyramid Oil agreed on February 6, 2014 to merge with privately held Yuma Energy, Inc. Yuma holders would receive up to 66,336,701 Pyramid shares, about 93% of the combined company, so existing Pyramid shareholders would be heavily diluted. Pyramid would be reincorporated in Delaware and renamed Yuma Energy, Inc., and Yuma's executives, led by Sam Banks as CEO, would take over management. The deal needs shareholder approval at both companies and an effective S-4 registration. It can be terminated if not completed by December 31, 2014, and a $1,000,000 fee may be owed in some termination cases. Michael Herman, who holds about 41% of Pyramid, has agreed to vote in favor.
18 Nov 2013quarterly activities report● Neutral
Yuma Energy, Inc. reported quarterly revenue of $6.2 million and net income of $15.8 million for the period ended 2013-09-30.
14 Nov 2013quarterly activities report● Neutral
Yuma Energy, Inc. reported quarterly revenue of $6.2 million and net income of $15.8 million for the period ended 2013-09-30.
5 Nov 2013securities registration● Neutral
Yuma Energy, Inc. registered a securities offering with the SEC using its shelf eligibility.
10 Oct 2013substantial holder notice● Neutral
Michael D. Herman reported a Yuma Energy, Inc. shareholding of 39.51% of votes in a periodic institutional filing.
15 Aug 2013quarterly activities report● Neutral
Yuma Energy, Inc. reported a quarterly net income of $130 thousand for the period ended 2013-06-30.
14 Aug 2013quarterly activities report● Neutral
Yuma Energy, Inc. reported a quarterly net income of $130 thousand for the period ended 2013-06-30.
5 June 2013substantial holder notice● Neutral
Barry Honig reported a Yuma Energy, Inc. shareholding of 276,411 shares (5.90% of votes) in a periodic institutional filing.
15 May 2013quarterly activities report● Neutral
Yuma Energy, Inc. reported a quarterly net income of $113 thousand for the period ended 2013-03-31.
14 May 2013quarterly activities report● Neutral
Yuma Energy, Inc. reported a quarterly net income of $113 thousand for the period ended 2013-03-31.
2 Apr 2013quarterly activities report● Neutral
Yuma Energy, Inc. reported a quarterly net income of $113 thousand for the period ended 2013-03-31.
15 Nov 2012quarterly activities report● Neutral
Yuma Energy, Inc. reported a quarterly net income of $208 thousand for the period ended 2012-09-30.
14 Nov 2012quarterly activities report● Neutral
Yuma Energy, Inc. reported a quarterly net income of $208 thousand for the period ended 2012-09-30.
9 Nov 2012substantial holder notice● Neutral
Barry Honig disclosed a new substantial Yuma Energy, Inc. shareholding (5.30% of votes).
15 Aug 2012quarterly activities report● Neutral
Yuma Energy, Inc. reported a quarterly net income of $289 thousand for the period ended 2012-06-30.