Company Description
OKMIN RESOURCES INC (OKMN) is a corporation organized in the state of Nevada, as disclosed in its SEC filings. The company files reports with the U.S. Securities and Exchange Commission (SEC) under the name OKMIN RESOURCES INC and is identified as an emerging growth company under applicable securities regulations.
According to its public filings, OKMIN RESOURCES INC has its principal executive offices in Encino, California. The company’s common stock is associated with the trading symbol OKMN. While the detailed nature of its operating business and industry classification is not specified in the available materials, the filings show that it is an SEC-reporting issuer that prepares periodic financial statements and related disclosures.
Regulatory reporting and compliance
OKMIN RESOURCES INC submits periodic reports such as Forms 10-Q and 8-K under the Securities Exchange Act of 1934. As an emerging growth company, it may be eligible for certain scaled disclosure accommodations, as referenced in its Form 8-K where it identifies itself with that status. The company’s reporting history indicates an effort to comply with SEC deadlines, while also using the formal notification process when additional time is needed to complete required financial information.
In a Form 12b-25 (Notification of Late Filing) related to a Quarterly Report on Form 10-Q for the period ended September 30, 2025, the company stated that it was unable, without unreasonable effort or expense, to timely compile all information for the financial statements and related disclosures. In that notification, OKMIN RESOURCES INC indicated that it expected to file the Quarterly Report within the permitted extension period.
Capital structure and recent corporate actions
Recent Form 8-K filings describe specific capital and financing actions taken by OKMIN RESOURCES INC. The company reported reaching an agreement with the holder of its convertible debt to convert all outstanding principal and interest into common shares of the company at a stated share price. The filing notes that common shares were issued to the noteholder to settle the note in full, which reduced the company’s outstanding convertible debt obligations and increased its common equity base.
In the same Form 8-K, OKMIN RESOURCES INC disclosed that it sold additional common shares in a private placement at the same per-share price for cash proceeds. The company stated that these funds would be used for working capital and general corporate purposes. The filing further explains that the company claimed an exemption from the registration requirements of the Securities Act of 1933 for these issuances under Section 4(a)(2) and/or Rule 506 of Regulation D, and that the investors were accredited investors as defined in Rule 501 of Regulation D.
Corporate and securities law context
The company’s use of convertible debt, subsequent conversion into equity, and private placements to accredited investors are typical financing tools for smaller public issuers and emerging growth companies. By converting debt into equity, OKMIN RESOURCES INC reduced its financial obligations under the note while increasing the number of outstanding common shares. The private placement described in the Form 8-K reflects the company’s approach to raising capital from accredited investors without registering the securities under the Securities Act, relying instead on available exemptions.
OKMIN RESOURCES INC’s reliance on a Form 12b-25 for its quarterly report underscores the importance of accurate and complete financial information in SEC filings. The notification explains that the company required additional time to compile financial statements and related disclosures, and it referenced the standard extension period available under Rule 12b-25 for a Form 10-Q.
Status and available information
Based on the available filings, OKMIN RESOURCES INC remains an SEC-reporting company and identifies itself as an emerging growth company. The filings do not state that the company has been delisted, deregistered, acquired, or placed into bankruptcy, and there is no explicit indication in the provided materials that its reporting status has changed. However, the detailed description of its operating business, sector activities, and revenue model is not specified in the excerpts provided.
Investors and observers looking at OKMIN RESOURCES INC (OKMN) can use its SEC filings to understand its corporate structure, capital transactions, and regulatory status. The company’s use of convertible debt conversion and private placements, along with its emerging growth company designation, are key elements of its profile as reflected in recent disclosures.