Announcement • Feb 18
Okmin Resources, Inc. announced delayed 10-Q filing On 02/17/2026, Okmin Resources, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Feb 05
BevPoint Capital LP entered into an agreement and plan of merger and reorganization to acquire Okmin Resources, Inc. (OTCPK:OKMN) for $26.4 million in a reverse merger transaction. BevPoint Capital LP entered into an agreement and plan of merger and reorganization to acquire Okmin Resources, Inc. (OTCPK:OKMN) for $26.4 million in a reverse merger transaction on January 29, 2026. At the effective time of the merger, all interests in BevPoint will be converted into the right to receive an aggregate of 220,000,000 shares of Okmin common stock, representing approximately 55.6% of the post-closing outstanding shares. Upon the Surviving Entity reaching certain milestones, the holders of Company Interests shall be entitled to distributions of Okmin Common Stock as follows, with revenue and EBITDA calculated on a consolidated basis in accordance with GAAP: 75,000,000 shares upon reaching $10 million revenue, 75,000,000 shares upon reaching $1 million EBITDA, 75,000,000 shares upon reaching $20 million revenue, and 75,000,000 shares upon reaching $2 million EBITDA. The surviving entity will be renamed BEVPT Operations Inc.
Chris Sellers will be appointed as CEO of Okmin and Chris Sellers and John F. Giarrante will be appointed as directors, with current officers and directors tendering their resignations except Jonathan Herzog who will remain as a director.
The transaction is subject to approval of merger agreement by target board, approval of offer by target shareholders, consummation of due diligence investigation, conversion of preferred stock, and minimum balance sheet requirements. The expected completion of the transaction is March 31, 2026.
Jonathan D Leinwand P A acted as legal advisor for BevPoint Capital LP. Announcement • Nov 18
Okmin Resources, Inc. announced delayed 10-Q filing On 11/17/2025, Okmin Resources, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 
