Welcome to our dedicated page for Okmin Resources SEC filings (Ticker: OKMN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
OKMIN RESOURCES INC (OKMN) SEC Filings provide detailed information on the company’s regulatory reporting, capital structure, and material events. As a Nevada corporation and emerging growth company, OKMIN RESOURCES INC files periodic and current reports with the U.S. Securities and Exchange Commission, including Forms 10-Q, 8-K, and Form 12b-25.
In its Form 12b-25, the company explained that it required additional time to complete its Quarterly Report on Form 10-Q for the period ended September 30, 2025, due to the effort needed to compile financial statements and related disclosures. This notification outlines the reasons for the delay and confirms the company’s intention to file within the permitted extension period, which is important context for anyone reviewing its quarterly reporting history.
Form 8-K filings for OKMIN RESOURCES INC describe material events such as the conversion of all outstanding principal and interest on a convertible debt instrument into common shares at a specified price per share, and a private placement of additional common shares for cash proceeds. These filings detail how the company reduced its debt obligations, increased its common equity, and raised funds for working capital and general corporate purposes. They also explain the company’s reliance on exemptions from Securities Act registration under Section 4(a)(2) and Rule 506 of Regulation D, and the use of accredited investors as defined in Rule 501.
On this page, users can review OKMN’s SEC filings and use AI-powered summaries to understand key points from lengthy documents. Filings such as annual and quarterly reports, current reports on material events, and notifications of late filings are updated from EDGAR, while AI tools highlight important disclosures about capital transactions, reporting status, and the implications of emerging growth company designation.
Okmin Resources Inc. agreed to a merger and reorganization with BevPoint Capital LP, which owns and operates American Icon Brewery. BevPoint’s equity holders will receive 220,000,000 shares of Okmin common stock, representing about 55.6% of post-closing outstanding shares, giving them majority control.
The deal includes earnouts of up to 300,000,000 additional shares tied to revenue and EBITDA milestones, plus convertible promissory notes of $280,000 and $250,000 that are convertible at $0.04 per share. Existing executive Jonathan Herzog will convert preferred stock into 50,000,000 common shares and receive 2,000,000 shares for accrued salary.
Chris Sellers will become CEO and, along with John F. Giarrante, join the board while most current officers and directors resign. Closing is subject to shareholder approval, BevPoint contributing $730,000 in cash, BevPoint agreeing to purchase 20,000,000 Okmin shares from affiliates, and other customary conditions, with an outside date of March 31, 2026.
Okmin Resources (OKMN) reported another small-scale operating loss for the quarter ended September 30, 2025. Oil and gas revenue was just $2,088, down from $5,991 a year earlier, mainly due to lower energy prices and curtailed production. The company posted a net loss of $73,430 versus $67,785 in the prior-year quarter.
Okmin ended the quarter with $13,623 in cash, total assets of $134,878, liabilities of $593,437 and a stockholders’ deficit of $458,559. Management discloses a working capital deficit of about $554,814, an accumulated deficit of $2,379,115 and states that these conditions raise doubt about its ability to continue as a going concern. For fiscal 2026, it estimates cash needs of roughly $270,000 for overhead and lease operations, to be funded largely through additional debt or equity.
Strategically, Okmin exited its Blackrock joint venture for $25,000 cash and raised its interest in the Pushmataha gas field to 95%. It also converted a secured convertible note—$131,135 principal and $63,956 interest—into 6,503,024 shares at $0.03 per share and completed a $30,000 private placement. The company reports no proven reserves and continues to cite material weaknesses in internal controls and ineffective disclosure controls.
Okmin Resources Inc. filed a Form 12b-25 to notify that it will be late filing its Quarterly Report on Form 10-Q for the period ended September 30, 2025. The company states it could not timely compile all required financial statement information and related disclosures without unreasonable effort or expense. Okmin Resources expects to file the delayed Form 10-Q on or before November 19, 2025, within the extension period allowed under the securities rules.
Okmin Resources, Inc. (OKMN) is a small oil and gas exploration company reporting limited 2025 operations and significant liquidity and governance concerns. For the year ended June 30, 2025 the Company recorded oil and gas revenues of $22,180 with cost of revenues of $42,713, recorded impairment charges of $167,003, and reported an accumulated deficit of $2,305,685. Management states these factors raise substantial doubt about its ability to continue as a going concern and forecasts roughly $270,000 cash needs for fiscal 2026 excluding new work on wells.
The Company holds material working interests including a 72.5% net revenue interest in the Vitt lease (Kansas), a 10% overriding royalty in West Sheppard (Oklahoma), and now a 95% joint venture interest in Pushmataha (Oklahoma) following a subsequent exchange. As of September 26, 2025 there were 125,576,035 common shares outstanding and 5,000,000 Series A preferred shares; the CEO, Jonathan Herzog, owns all Series A preferred stock and thereby controls approximately 46% of voting power.
The filing discloses weak internal controls including inadequate segregation of duties and no audit committee, related-party liabilities, a secured convertible loan with principal of $131,135 and unpaid interest of $63,956, and recent private financings and conversions (including a September 2025 private placement of 1,000,000 shares for $30,000 and conversion issuance of 6,503,024 shares to settle debt).
OKMIN RESOURCES, INC. submitted a Form D for a Regulation D exempt offering under Rule 506(b). The company, a Nevada corporation formed in 2020, identifies its principal place of business in Encino, California, and classifies its industry as Oil & Gas. The offering target is $50,000 total, of which $30,000 has been sold and $20,000 remains available. The minimum investment per outside investor is $10,000. One investor has already invested. The issuer reports No Revenues and No Aggregate Net Asset Value. No sales commissions or finders' fees are reported, and no proceeds are designated for named executives, directors, or promoters. The Form D was signed by Jonathan Herzog, President and CEO.
Okmin Resources Inc. reported two September 2025 equity transactions. The company reached an agreement with the holder of its convertible debt to convert all outstanding principal and interest into common shares at a price of
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