Camber Energy Inc. , announced today that the parties to the previously disclosed non-binding Letter of Intent to purchase an Engineering and Procurement company have agreed to move forward with the preparation of definitive documents to close the transaction. Louis G. Schott, the Interim CEO of Camber stated, € We are continuing the process of due diligence and negotiation with the management of the engineering firm, and [...]
Camber Energy Inc. based in Houston, Texas, announced today its recently acquired subsidiary Lineal Star Holdings, LLC www.LinealStar.com, is working with Camber €™s auditors to prepare Lineal €™s financial statements, which must be filed with the Securities and Exchange Commission within approximately seventy-five days of the closing of the Agreement and Plan of Merger. Louis G. Schott, the Interim CEO of Camber stated [...]
Camber Energy Inc. based in Houston, Texas, announced today its recently acquired subsidiary Lineal Star Holdings, LLC www.LinealStar.com, is working with Camber €™s auditors to prepare Lineal €™s financial statements, which must be filed with the Securities and Exchange Commission within approximately seventy-five days of the closing of the Agreement and Plan of Merger. Louis G. Schott, the Interim CEO of Camber stated [...]
Camber Energy Inc. based in Houston, Texas, announced today that on July 8, 2019, it closed the previously announced acquisition of Lineal Star Holdings, LLC www.LinealStar.com. The acquisition was completed in an all-stock transaction, by the entry into an Agreement and Plan of Merger. Lineal, based in Houston, Texas, is the parent company of 64-year-old Lineal Industries Inc. , based in Pittsburgh, Pennsylvania, and [...]
Camber Energy Inc. based in Houston, Texas, announced today that the Board of Directors has approved a 1 for 25 reverse split of the Company's issued and outstanding shares of common stock. The 1 for 25 reverse stock split will be effective pre-market open on Monday, July 8, 2019, in connection with the filing of a Certificate of Amendment to Camber's Certificate of Incorporation and Camber's common [...]
Camber Energy Inc. , based in Houston, Texas, today announced that it has come to agreement on mutually acceptable transaction documents with the holder of the Company's Series C Redeemable Convertible Preferred Stock and has provided the NYSE American with copies of the final documents memorializing said agreement for its review. The approval of the NYSE American of the terms and conditions of these agreements is one of [...]
Camber Energy Inc. , based in Houston, Texas, today announced that on June 4, 2019, it received a letter from the NYSE American advising the Company that it had regained compliance with all of the NYSE American LLC continued listing standards set forth in Part 10 of the NYSE American Company Guide . Specifically, effective on June 3, 2019, the Company resolved its previous continued listing deficiency with respect to [...]
Camber Energy Inc. , based in Houston, Texas, today announced that it has provided the NYSE American copies of the final transaction documents between the Company and Lineal Star Holdings , www.LinealStar.com, relating to the Company's planned acquisition of Lineal pursuant to its previously disclosed non-binding letter of intent, for approval. The approval of the NYSE American of the terms and conditions of the closing [...]
Camber Energy Inc. , based in Houston, Texas, today announced that Lineal Star Holdings , www.LinealStar.com, the acquisition target which Camber is seeking to acquire pursuant to its previously disclosed non-binding letter of intent, are finalizing closing documents for the planned combination transaction, which the Company expects to complete by Friday, May 31, 2019. The closing remains subject to the holder of the [...]
Camber Energy Inc. , based in Houston, Texas, which as previously announced is working to finalize definitive documents to complete the acquisition of Lineal Star Holdings' subsidiaries , www.LinealStar.com, which provide midstream and downstream pipeline integrity services, specialty construction and field services, pursuant to the Company's previously disclosed non-binding letter of intent, announced that it has entered [...]
Camber Energy Inc. , based in Houston, Texas, today announced that Lineal Star Holdings , www.LinealStar.com, the acquisition target which Camber is seeking to acquire pursuant to its previously disclosed non-binding letter of intent, has signed a non-binding letter of intent to purchase a Houston based Engineering and Procurement firm. Camber has further been advised that the acquisition is designed to expand Lineal's [...]
Camber Energy Inc. , based in Houston, Texas, today announced that it has completed its due diligence on Lineal Star Holdings , www.LinealStar.com, the acquisition target which Camber is seeking to acquire pursuant to its previously disclosed letter of intent. Lineal's subsidiaries provide midstream and downstream pipeline integrity services, specialty construction and field services. Louis G. Schott, the Interim CEO of [...]
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