Company: ZNOG
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001437749-25-009623
Chunk: 125

Company: ZION OIL & GAS INC
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 125
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 into the Unit Program with the purchase of at least one Unit and enrolled in the separate Automatic Monthly Investments (“AMI”) program at a minimum of $50.00 per month, received an additional fifty (50) warrants at an exercise price of $0.05 during this Unit Option Program. The fifty (50) additional warrants were for enrolling into the AMI program and shall have the Company notation of “ZNWAY.” Existing subscribers to the AMI were entitled to the additional fifty (50) warrants, if they purchased at least one (1) Unit during the Unit program. Plan participants, who enrolled in the AMI at a minimum of $100 per month, received one hundred (100) ZNWAY warrants. Plan participants, who enrolled in the AMI at a minimum of $250 per month, received two hundred and fifty (250) ZNWAY warrants. Plan participants, who enrolled in the AMI at a minimum of $500 per month, received five hundred (500) ZNWAY warrants. The AMI program required 90 days of participation to receive the ZNWAY warrants. Existing AMI participants were entitled to participate in this monthly program by increasing their monthly amount above the minimum $50.00 per month.
    
   The ZNWAV warrants became exercisable on  March 31, 2023 and continued to be exercisable through  June 28, 2023 at a per share exercise price of $0.05.
    
   As of  June 28, 2023, any outstanding ZNWAV warrants expired.
    
   The ZNWAW warrants became exercisable on  April 14, 2023 and continued to be exercisable through  July 13, 2023 at a per share exercise price of $0.05.
    
   As of  July 13, 2023, any outstanding ZNWAW warrants expired.
    
   The ZNWAX warrants became exercisable on  May 2, 2023 and continued to be exercisable through  July 31, 2023 at a per share exercise price of $0.05.
    
   On  July 31, 2023, any outstanding ZNWAX warrants expired.
    
   The ZNWAY warrants became exercisable on  June 12, 2023 and continued to be exercisable through  September 10, 2023 at a per share exercise price of $0.05.
    
   On  September 10