Item 5.03 Amendments to Articles of Incorporation for Bylaws; Change in Fiscal Year.

Amendment and Restatement of Bylaws

As disclosed in the Definitive Information Statement on Schedule 14C filed by Riley Exploration Permian, Inc. (the "Company") with the Securities and Exchange Commission ("SEC") on September 2, 2022 (the "Information Statement"), and described in greater detail in the Company's Current Report on Form 8-K filed with the SEC on August 22, 2022, the Board of Directors and holders of record of approximately 75% of the outstanding shares of the Company's common stock on August 16, 2022 (the "Record Date"), each acting via a written consent to action without meeting (the "Board and Stockholders' Consents"), approved the (i) change of the Company's fiscal year period to January 1st through December 31st each year commencing with the 2022 fiscal year and (ii) adoption of the Third Amended and Restated Bylaws (the "Restated Bylaws"), which is described in greater detail in the Information Statement. Prior to such approval, the Company's fiscal year period was October 1st through September 30th each year.

In accordance with Rule 14c-2 under the Exchange Act, the actions taken by the Board and Stockholders' Consents became effective 20 calendar days after the date on which the Information Statement was first mailed to the Company's stockholders of record as of the Record Date. The Information Statement was first mailed on September 2, 2022. As such, the effective date of the actions set forth in the Board and Stockholders' Consents, including the adoption of the Restated Bylaws, is September 23, 2022.

The foregoing description of the Restated Bylaws to affect the change to the Company's fiscal year period does not purport to be complete and is qualified in its entirety by reference to the Restated Bylaws, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated into this Item 5.03 by reference in its entirety.

The Company will file a Form 10-QT with the SEC for the period of October 1, 2021 through December 31, 2021 on or about September 23, 2022.

Item 9.01 Financial Statements and Exhibits



(d)  Exhibits

Exhibit No.          Description

  3.1    *           Third Amended and Restated Bylaws, effective as of September 23, 2022
104                  Cover Page Interactive Data File (embedded within the Inline XBRL document).


*Filed herewith.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses