공시 • 15h
Prairie Operating Co Announces Receipt of Minimum Bid Price Notice from Nasdaq On July 2, 2026, Prairie Operating Co. received a letter (the Minimum Bid Price Notice) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq) notifying Prairie that for the last 30 consecutive business days, the closing bid price for Prairie's common stock (the Common Stock) has been below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the Nasdaq Minimum Bid Price Requirement). The Minimum Bid Price Notice has no effect on the listing of the Common Stock, and the Common Stock will continue to trade on The Nasdaq Capital Market. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), Prairie has been provided an initial compliance period of 180 calendar days, or until December 29, 2026, to regain compliance with the Nasdaq Minimum Bid Price Requirement, which requires that the closing bid price of the Common Stock meet or exceed $1.00 per share for a minimum of ten consecutive business days (or such longer period as Nasdaq may require in its discretion). If Prairie is unable to regain compliance with the Nasdaq Minimum Bid Price Requirement, Prairie may be eligible for an additional 180-day compliance period. To qualify, Prairie will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the Nasdaq Minimum Bid Price Requirement and will need to provide written notice to Nasdaq of its intention to cure the deficiency during the second compliance period. In addition, if the Common Stock trades at or below $0.10 for ten consecutive trading days, Nasdaq will immediately issue a delisting determination under Listing Rule 5810, the Common Stock will be suspended from trading, and Prairie will be ineligible for any compliance period that would otherwise be available under Rule 5810(c)(3)(A). If Prairie does not qualify for the second compliance period or fails to regain compliance during the second 180-day period, Nasdaq will notify Prairie of its determination to delist the Common Stock. Prairie will continue to monitor the bid price of the Common Stock and consider its available options to regain compliance with the Nasdaq Minimum Bid Price Requirement. However, there can be no assurance that Prairie will be able to regain compliance with the Nasdaq Minimum Bid Price Requirement. 공시 • Jun 28
Prairie Operating Co. Announces Appointment of Michael J. Shelly to Chief Financial Officer Prairie Operating Co. had its Board of Directors appoint Michael Shelly to serve as Executive Vice President and Chief Financial Officer of the Company on June 23, 2026. Michael Shelly, age 50, served as a Managing Director within Citigroup Inc.'s Natural Resources Investment Banking Group from January 2019 through June 2026, most recently serving as the head of its Denver and Calgary offices. Prior to that, Mr. Shelly held multiple roles of increasing responsibility within Citigroup's Global Investment Bank since joining the firm as an intern in June 2005. Prior to joining Citigroup Inc., Mr. Shelly served as a Financial Analyst for Intel Corporation from January 1999 to May 2004. Mr. Shelly holds a Master of Business Administration with Concentrations in Finance and Accounting from the University of Chicago Booth School of Business and a Bachelor of Science in Business Administration with a Minor in Economics from California State University, Chico. 공시 • Jun 25
Prairie Operating Co. Announces CEO Changes Prairie Operating Co. announced the promotion of Gregory S. Patton to Chief Executive Officer, effective June 25, 2026. Gregory S. Patton, age 40, has served as the Executive Vice President and Chief Financial Officer of the Company since April 2025. Prior to that, Mr. Patton served as the Company’s Executive Vice President, Commercial Development from November 2024 through March 2025, and he began his employment with the Company in March 2024. Prior to joining the Company, Mr. Patton served as CFO of Trigger Energy, LLC, an oil field service company, from November 2022 until March 2024. Prior to that, Mr. Patton served as Senior Vice President, Corporate Development and Finance of Great Western Petroleum, LLC, a private oil and gas company, from May 2015 until its sale to PDC Energy Inc. in May 2022, and afterward, pursued personal ventures until he began serving as CFO for Trigger Energy in November 2022. Prior to that, Mr. Patton served as Manager at Opportune, LLP., a consulting firm, from May 2011 to May 2015, and Ernst and Young, prior to May 2011. Mr. Patton received his Bachelor’s and Master’s Degree in Accounting from the University of Denver. In connection with these leadership changes, Rich Frommer transitioned from Interim President and Chief Executive Officer back to Director. Recent Insider Transactions • May 22
Interim President recently bought €57k worth of stock On the 19th of May, Richard Frommer bought around 76k shares on-market at roughly €0.75 per share. This transaction amounted to 58% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Richard's only on-market trade for the last 12 months. Board Change • May 20
High number of new directors Interim President, Interim CEO & Director Rich Frommer was the last director to join the board, commencing their role in 2024.