Company: ZNOG
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001437749-25-009623
Chunk: 299

Company: ZION OIL & GAS INC
Filing Date: 2025-03-27
Form: 10-K
Item: Item 9A
Chunk 299
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, 2024 and continue to be exercisable through  April 15, 2025, instead of  March 15, 2025, unless extended, at a per share exercise price of $0.25. Zion considers this warrant as permanent equity per ASC 815-40-35-2. As such, there is no value assigned to this extension.
    
   Accordingly, all references in the Original Prospectus Supplement and Amendment No. 1 and Amendment No. 4, concerning the Unit Option, continue, except for the substitution of the revised Unit Option dates and features above. All other Plan features, conditions and terms remain unchanged.  
    
   The date of this Amendment No. 7 to Prospectus Supplement was  February 26, 2024.
    
   Amendment No. 8 – Extension of Termination Date to  April 30, 2024  
    
   Under our Dividend Reinvestment and Common Stock Purchase Plan (the “Plan”), we extended the current Unit Option that was filed under Amendment No. 4, dated  November 6, 2023, to terminate on  April 30, 2024.
    
   The ZNWBA warrants now will be first exercisable on  May 15, 2024, instead of  April 15, 2024, and continue to be exercisable through  May 15, 2025, instead of  April 15, 2025, unless extended, at a per share exercise price of $0.25. Zion considers this warrant as permanent equity per ASC 815-40-35-2. As such, there is no value assigned to this extension.
    
   Accordingly, all references in the Original Prospectus Supplement and Amendment No. 1 and Amendment No. 4, concerning the Unit Option, continue, except for the substitution of the revised Unit Option dates and features above. All other Plan features, conditions and terms remain unchanged.
    
   The date of this Amendment No. 8 to Prospectus Supplement was  March 23, 2024.

        F-
       34

        Zion Oil & Gas, Inc.

        Notes to Consolidated Financial Statements

   Note 6 – Stockholders’ Equity (cont’d)
    
   Amendment No. 9 – Extension of Termination Date to  May 31, 2024  
    
   Under our Dividend Reinvestment and Common Stock Purchase Plan