Royale Energy: Royale Energy Restructures Capital for Growth Opportunities

https://www.tipranks.com/news/company-announcements/royale-energy-restructures-capital-for-growth-opportunities Royale Energy ( (ROYL) ) has shared an update. Royale Energy Inc. successfully executed strategic financial transactions to simplify its capital structure by exchanging Series B Preferred Stock for common stock, stock options, and unsecured promissory notes. This effort resolved over $24 million in liquidation preferences and $3 million of liabilities, aligning stakeholder interests with the company's growth strategy. The CEO emphasized unified shareholder value, positioning Royale for new opportunities and improved access to capital. For a thorough assessment of ROYL stock, go to TipRanks' Stock Analysis page .