{"filing":{"accession_number":"0001140361-26-033264","cik":"0001162896","ticker":"PROP","company_name":"Prairie Operating Co.","form":"8-K","filing_date":"2026-08-17","report_date":"2026-08-14","primary_document":"ef20080297_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1162896/000114036126033264/ef20080297_8k.htm"},"events":[{"id":28064,"run_id":25649,"accession_number":"0001140361-26-033264","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.65,"summary":"Prairie Operating Co. entered into a Third Amendment to its A\u0026R Credit Agreement that materially modifies existing debt covenants, including reduced Current Ratio requirements and new hydrocarbon production thresholds, along with a Letter Agreement amending warrant issuance terms and waiving certain covenant obligations. These amendments restructure the company's debt relationship and financial obligations.","company_name":"Prairie Operating Co.","ticker":"PROP","filing_date":"2026-08-17","form":"8-K","submitted_at":null,"items":[{"id":29861,"accession_number":"0001140361-26-033264","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.45,"reasoning":"The filing discloses entry into a Third Amendment to the A\u0026R Credit Agreement that materially modifies existing debt covenants—reducing Current Ratio requirements and introducing new hydrocarbon production thresholds—and a Letter Agreement amending warrant issuance terms and waiving certain covenant obligations. While this is technically an amendment to existing debt rather than creation of new debt, the material covenant modifications and the conditional waiver of Current Ratio maintenance obligations suggest financial stress and restructuring of the debt relationship. However, the Item 1.01 classification and the focus on covenant amendments rather than new debt creation creates ambiguity about whether this is best classified as debt_issuance, covenant_breach (if the amendments signal a breach or default), or financial_other.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-17T11:55:35.929234+00:00","company_name":"","ticker":null,"filing_date":""},{"id":29862,"accession_number":"0001140361-26-033264","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 2.03 discloses creation of a direct financial obligation through an amendment incorporated by reference from Item 1.01. While the specific details are not provided in this excerpt, Item 2.03 is the standard disclosure vehicle for debt issuances, credit facility amendments, and similar financial obligations. The reference to an \"Amendment\" suggests modification of an existing debt arrangement or creation of a new obligation.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-17T11:55:35.929234+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":28065,"run_id":25649,"accession_number":"0001140361-26-033264","anchor_item_number":"3.03","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.65,"summary":"A Letter Agreement materially modifies the rights of security holders, including amendments to warrant issuance terms and conditional waivers of certain covenant obligations.","company_name":"Prairie Operating Co.","ticker":"PROP","filing_date":"2026-08-17","form":"8-K","submitted_at":null,"items":[{"id":29863,"accession_number":"0001140361-26-033264","item_number":"3.03","item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.65,"reasoning":"Item 3.03 discloses a material modification to rights of security holders via a Letter Agreement referenced in Item 1.01. Without access to the full Item 1.01 content, the specific nature of the modification cannot be determined with certainty, but the disclosure of a modification to security holder rights is a governance matter. The materiality is presumed given the explicit 8-K filing under Item 3.03, which is reserved for material modifications.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-17T11:55:35.929234+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":29861,"accession_number":"0001140361-26-033264","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.45,"reasoning":"The filing discloses entry into a Third Amendment to the A\u0026R Credit Agreement that materially modifies existing debt covenants—reducing Current Ratio requirements and introducing new hydrocarbon production thresholds—and a Letter Agreement amending warrant issuance terms and waiving certain covenant obligations. While this is technically an amendment to existing debt rather than creation of new debt, the material covenant modifications and the conditional waiver of Current Ratio maintenance obligations suggest financial stress and restructuring of the debt relationship. However, the Item 1.01 classification and the focus on covenant amendments rather than new debt creation creates ambiguity about whether this is best classified as debt_issuance, covenant_breach (if the amendments signal a breach or default), or financial_other.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-17T11:55:35.929234+00:00","company_name":"Prairie Operating Co.","ticker":"PROP","filing_date":"2026-08-17"},{"id":29862,"accession_number":"0001140361-26-033264","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 2.03 discloses creation of a direct financial obligation through an amendment incorporated by reference from Item 1.01. While the specific details are not provided in this excerpt, Item 2.03 is the standard disclosure vehicle for debt issuances, credit facility amendments, and similar financial obligations. The reference to an \"Amendment\" suggests modification of an existing debt arrangement or creation of a new obligation.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-17T11:55:35.929234+00:00","company_name":"Prairie Operating Co.","ticker":"PROP","filing_date":"2026-08-17"},{"id":29863,"accession_number":"0001140361-26-033264","item_number":"3.03","item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.65,"reasoning":"Item 3.03 discloses a material modification to rights of security holders via a Letter Agreement referenced in Item 1.01. Without access to the full Item 1.01 content, the specific nature of the modification cannot be determined with certainty, but the disclosure of a modification to security holder rights is a governance matter. The materiality is presumed given the explicit 8-K filing under Item 3.03, which is reserved for material modifications.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-17T11:55:35.929234+00:00","company_name":"Prairie Operating Co.","ticker":"PROP","filing_date":"2026-08-17"}]}