Current Report Filing (8-k)
June 25 2021 - 12:12PM
Edgar (US Regulatory)
0001384195
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0001384195
2021-06-21
2021-06-21
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): June 21, 2021
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RING ENERGY, INC.
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(Exact
name of registrant as specified in its charter)
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Nevada
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001-36057
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90-0406406
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(State or Other Jurisdiction
of
Incorporation or
Organization)
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(Commission File Number)
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(I.R.S. Employer
Identification No.)
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1725 Hughes Landing Blvd. Suite 900
The Woodlands, TX
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77380
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(Address
of Principal Executive Offices)
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(Zip Code)
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(281) 397-3699
Registrant’s Telephone Number,
including Area Code
Not Applicable.
(Former name or former address, if changed
since last report)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(see General Instructions A.2. below):
¨
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Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
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¨
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Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
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¨
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Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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¨
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
Title
of each class
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Trading
Symbol
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Name
of each exchange on which registered
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Common Stock, $0.001 par value
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REI
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NYSE American
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Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant Section 13(a) of the Exchange Act. ¨
Item 1.01
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Entry into a Material Definitive Agreement
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On
June 21, 2021, Ring Energy, Inc. (the “Company”) entered into the Fifth Amendment (the “Amendment”)
to its Amended and Restated Credit Agreement, dated as of April 9, 2019 (as amended, restated, supplemented or otherwise modified
from time to time, the “Credit Agreement”), by and among the Company, as borrower, Truist Bank as Administrative Agent, and
the lenders from time-to-time party thereto.
The
Amendment, among other things: (i) incorporates contractual fallback language for U.S. dollar LIBOR denominated syndicated loans,
which language provides for the transition away from LIBOR to an alternative reference rate; and (ii) incorporates certain provisions
that clarify the rights of agents to recover from lenders erroneous payments made to such lenders.
The
foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment,
which is attached hereto as Exhibit 10.1 and incorporated by reference herein.
Item 2.03
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Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant
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The information set forth in
Item 1.01 is incorporated herein by reference to this Item 2.03.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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RING ENERGY, INC.
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(Registrant)
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Date: June 25, 2021
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By:
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/s/ Travis T. Thomas
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Travis T. Thomas
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Chief Financial Officer
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