Camber Energy, Inc. Announces Material Definitive Agreement: Viking Ozone Technology \$500,000 Promissory Note
Houston, TX – April 23, 2026 — Camber Energy, Inc. (NYSE American: CEI), a Houston-based company engaged in the crude petroleum and natural gas sector, has announced that on April 17, 2026, Viking Ozone Technology, LLC (“VOT”), in which Camber Energy is an indirect majority shareholder, entered into a material definitive agreement involving the issuance of a \$500,000 promissory note (the “Note”). This development was disclosed in a Form 8-K filed with the SEC.
Key Points from the Report
- Promissory Note Issuance: Viking Ozone Technology, LLC has issued a promissory note in the principal amount of \$500,000 dated April 17, 2026.
- Interest Terms: The Note carries a 10% per annum interest rate, payable in advance within two business days of VOT receiving the full principal amount from the investor.
- Security: As security for its obligations under the Note, VOT has granted the investor a pari passu (equal priority) security interest with other noteholders of the same series, over net sale proceeds received by VOT from a Unit Sale.
- No Conversion or Warrant Rights: Camber Energy, Inc. is not a party to the Note. The Note does not include any conversion rights or warrant issuances, meaning it is a straight debt instrument without equity upside for the lender.
- Prepayment: The Company (VOT) may prepay any portion of the principal and other outstanding amounts on the Note at any time.
- Use of Proceeds: The funds may be used for a variety of purposes, including payment of fees and expenses related to manufacturing, assembly, shipment, and certification of waste treatment units, as well as for transaction costs, consulting and professional fees, reimbursement for prior advances, operating expenses, and general working capital.
- Risk Factors: The Note includes standard risk warnings, specifically highlighting the lack of operating history and doubt about VOT’s ability to continue as a going concern, due to the challenges associated with commercializing new technologies. The documentation urges investors to review Camber Energy’s filings for further risk disclosures.
- Accredited Investor Requirement: The Note is available only to “accredited investors” as defined in Rule 501(a) of Regulation D.
Important Shareholder Considerations & Potential Price Sensitivity
- Indirect Impact on Camber Energy: While Camber Energy is not a direct party to the Note, it is an indirect majority shareholder of VOT. Any material changes in VOT’s financial position—positive or negative—could influence Camber Energy’s valuation and investor sentiment.
- No Dilution: The Note does not include conversion or warrant features, so there is no immediate dilution risk to Camber Energy shareholders from this transaction.
- Business Expansion & Funding: The infusion of \$500,000 may support VOT’s waste treatment technology development and commercialization efforts. Success in this area could enhance Camber’s growth prospects. Conversely, the risk factors outlined—particularly going concern uncertainties and the early-stage nature of VOT’s operations—should be carefully weighed by investors.
- Material Definitive Agreement: The entry into a significant financing arrangement by a Camber affiliate may be viewed as a positive step towards operational progress, but also signals reliance on continued external funding and highlights financial risks.
Additional Details
- Principal Executive Offices: 12 Greenway Plaza, Suite 1100, Houston, TX 77046
- Registrant’s Phone: (281) 404-4387
- Company’s SEC File Number: 001-32508
- Tax ID/EIN: 20-2660243
Exhibits Filed
Conclusion
This filing announces a material financing transaction by Viking Ozone Technology, LLC, a key affiliate of Camber Energy, Inc. Investors should note that while there is no immediate equity dilution and Camber is not directly liable under the Note, the financial prospects and operational progress of VOT could indirectly impact Camber’s share value—positively if the technology succeeds, or negatively if risks materialize. The company’s lack of operating history and going concern risks remain significant factors for investors to consider.
Disclaimer: This article is for informational purposes only and does not constitute investment advice or a solicitation to buy or sell securities. Investors should conduct their own due diligence and consult with a qualified financial adviser before making any investment decisions. The information is based on filings by Camber Energy, Inc. as of April 23, 2026, and may be subject to change.
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