Gen IV Investment Opportunities, LLC → Battalion Oil Corporation BATL

Item 4 of the Schedule 13D is amended to incorporate the information below: Preferred Stock Repurchase and Conversion Agreement. On August 7, 2026, Gen IV entered into the PSRCA with the Company for the purpose of effectuating (i) the Company's repurchase of 5,138 shares of Series A Preferred Stock and 6,578.11 shares of Series A-1 Preferred Stock from Gen IV for the Purchase Price; and (ii) the conversion of 1,868 shares of Series A-1 Preferred Stock, 6,630 shares of Series A-2 Preferred Stock, 3,789 shares of Series A-3 Preferred Stock, and 3,789 shares of Series A-4 Preferred Stock into an aggregate of 3,494,258 shares of Common Stock. Following the closing of the PSRCA, Gen IV no longer holds any Preferred Stock of the Company and its beneficial ownership of the Company consists solely of the 3,494,258 Converted Common Shares. Voting and Lock-Up Agreement. On August 7, 2026, Gen IV entered into the Voting and Lock-Up Agreement with the Company (the "Voting Agreement"), pursuant to which Gen IV agreed, among other things, to vote all Voting Securities (as defined in the Voting Agreement) in favor of (i) the nominees of the board of directors in any uncontested election of directors of the Company and (ii) the ratification of the Company's independent auditors until the earlier of (x) 12 months from the date of the Voting Agreement and (y) the date on which the Voting Parties (as defined in the Voting Agreement) no longer hold any Voting Securities. The Voting Agreement also provides that for a period of 12 months, Gen IV will not, without the prior written consent of the Company, offer, pledge, sell, contract to sell, or otherwise transfer or dispose of, directly or indirectly, any Voting Securities or enter into any swap, hedge, or similar agreement or transaction, including any short sale, with respect to the Common Stock, subject to certain exceptions set forth in the Voting Agreement. The foregoing descriptions of the PSRCA and the Voting Agreement are summaries only and are qualified in their entirety by reference to the full text of such agreements, copies of which are filed as Exhibit 99.1 and Exhibit 99.2 hereto, respectively, and are incorporated herein by reference. The Reporting Persons may from time to time engage in discussions with management, other stockholders, and third parties regarding the Issuer and its business, including but not limited to the Issuer's operations, governance, management, and strategic alternatives. The Reporting Persons reserve the right to change their intentions and develop plans or proposals at any time, as they deem appropriate. Except as set forth herein, the Reporting Persons do not have any present plans or proposals that relate to or would result in any of the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D.