CAMBER ENERGY, INC. 8-K

What Happened

• Camber Energy, Inc. (through its majority-owned subsidiary chain) disclosed on April 17, 2026 that Viking Ozone Technology, LLC (VOT) issued an accredited investor a promissory note for $500,000. The note bears fixed interest at 10% and matures on the earlier of April 15, 2027 or receipt of proceeds from the unconditional sale of VOT’s VKIN-300 waste treatment unit.

Key Details

• Principal: $500,000; interest: 10% fixed.
• Maturity: earlier of April 15, 2027 or receipt of proceeds from sale of the VKIN-300 unit.
• The Note may be part of a series totaling up to $750,000 (inclusive of this $500,000).
• Security: investor holds a priority interest (pari passu with same-series noteholders) in net sale proceeds from the VKIN-300 Unit Sale.
• Defaults: customary events (missed payments, bankruptcy) may accelerate repayment; default interest rate stated as 10% per annum.
• Camber Energy, Inc. is not a party to the Note; there are no conversion rights or warrants issued.

Why It Matters

• This filing documents short-term, secured financing for VOT tied directly to the planned sale of a specific asset (the VKIN-300 unit). For investors, key takeaways are that Camber Energy itself is not on the hook for the loan, the funding is expected to be repaid from unit-sale proceeds (or by April 15, 2027), and the financing could be increased up to $750,000 for the same series of notes. There is no equity dilution from this note (no conversion or warrants).