Company: ZNOG
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001437749-25-009623
Chunk: 370

Company: ZION OIL & GAS INC
Filing Date: 2025-03-27
Form: 10-K
Item: Item 9C
Chunk 370
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 permanent equity per ASC 815-40-35-2. As such, there is no value assigned to this extension.
    
   On  August 21, 2023, the Company extended the termination date of the ZNWAM warrant from  September 6, 2023 to  October 31, 2023. Zion considers this warrant as permanent equity per ASC 815-40-35-2. As such, there is no value assigned to this extension.
    
   On  October 19, 2023, the Company extended the termination date of the ZNWAM warrant from  October 31, 2023 to  December 31, 2023. Zion considers this warrant as permanent equity per ASC 815-40-35-2. As such, there is no value assigned to this extension.
    
   On  December 18, 2023, the Company extended the termination date of the ZNWAM warrant from  December 31, 2023 to  March 31, 2024. Zion considers this warrant as permanent equity per ASC 815-40-35-2. As such, there is no value assigned to this extension.
    
   On  March 28, 2024, the Company extended the termination date of the ZNWAM warrant from  March 31, 2024 to  December 31, 2024. Zion considers this warrant as permanent equity per ASC 815-40-35-2. As such, there is no value assigned to this extension.
    
   On  January 21, 2025, the Company extended the termination date of the ZNWAM warrant from  December 31, 2024 to  March 31, 2025. Zion considers this warrant as permanent equity per ASC 815-40-35-2. As such, there is no value assigned to this extension.
    
   On  March 18, 2025, the entire number of outstanding warrants of 4,376,000 were exercised at $.05 each for total proceeds to Zion of $218,800.  As of this report date, there are no ZNWAM warrants outstanding.
    
   The ZNWAN warrants became exercisable on  May 16, 2021 and continue to be exercisable through  May 16, 2023 at a per share exercise price of $1.00.
    
   As of  May 16