Filing Analysis
📄 Other SEC Filing
Filed Jun 13, 2025
⚪ LOW
Spindletop Oil & Gas Co. announced a private block purchase of 141,573 shares of its own common stock from an individual on June 10, 2025.
🚩 Red Flags
- The transaction was not part of a formal stock repurchase agreement or plan.
📋 Key Facts
- Purchased 141,573 shares of Common Stock as Treasury Stock.
- Purchase price: $2.48 per share in cash.
- Total transaction value: $351,101.04.
- The purchase represents approximately 2.1% of the outstanding common stock (based on March 31, 2025 data).
- Transaction occurred with an individual who approached the company; no prior affiliation or known transactions exist.
Disclaimer: This analysis is generated by AI and is for informational purposes only.
It does not constitute financial advice, investment recommendations, or an offer to buy or sell securities.
Always review the original SEC filings and consult a financial advisor before making investment decisions.