SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 31, 2026 Prairie Operating Co. By: /s/ Daniel T. Sweeney Name: Daniel T. Sweeney Title: Executive Vice President, General Counsel and Corporate Secretary

Entry into a Material Definitive Agreement. Series F Convertible Preferred Stock – Letter Agreement On August 30, 2026, the Company entered into a letter agreement (the “Letter Agreement”) with Hudson Bay PH XIX LLC (“High Trail”), pursuant to which the parties agreed, among other things, to (i) amend Section 4(w) of the Securities Purchase Agreement, dated as of March 24, 2025, between the Company and High Trail, as amended (the “Purchase Agreement”), to change the “Anniversary Warrant Issua…

of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such a filing.

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under

Entry into a Material Definitive Agreement. Third Amendment to Amended & Restated Credit Agreement On August 14, 2026, Prairie Operating Co. (the “Company”) entered into a Third Amendment to Amended and Restated Credit Agreement (the “Amendment”), effective as of June 30, 2026, with Citibank, N.A., as administrative agent, and the other financial institutions party thereto, which amends the Amended and Restated Credit Agreement, dated as of March 26, 2025 (as amended by that certain First Ame…

Material Modification to Rights of Security Holders. The information set forth under

Material Modification to Rights of Security Holders. The information set forth under

Entry into a Material Definitive Agreement. On August 7, 2026, Prairie Operating Co. (the “Company”) entered into a letter agreement (the “Letter Agreement”) with Hudson Bay PH XIX LLC (“High Trail”), pursuant to which the parties agreed, among other things, to amend (i) Section 4(w) of the Securities Purchase Agreement, dated as of March 24, 2025, between the Company and High Trail, as amended (the “Purchase Agreement”), to change the “Anniversary Warrant Issuance Date” from August 7, 2026 t…

Director — Stephen Lee: Mr. Lee resigned from the Board of Directors, and Jennifer Grigsby was elected to fill the vacancy.

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On July 2, 2026, Prairie Operating Co. (“ Prairie ”) received a letter (the “ Minimum Bid Price Notice ”) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) notifying Prairie that for the last 30 consecutive business days, the closing bid price for Prairie’s common stock (the “ Common Stock ”) has been below the minimum $1.00 per share required for co…

Chief Executive Officer — Gregory S. Patton: Gregory S. Patton was promoted to Chief Executive Officer and appointed to the Board.

Entry into a Material Definitive Agreement. Second Amendment to Amended & Restated Credit Agreement On June 10, 2026, Prairie Operating Co. (the “Company” or “Prairie”) entered into a Second Amendment to Amended and Restated Credit Agreement (the “Amendment”) with Citibank, N.A., as administrative agent, and the other financial institutions party thereto, which amends the Amended and Restated Credit Agreement, dated as of March 26, 2025 (as amended by that certain First Amendment to Amended a…

Material Modification to Rights of Security Holders. The information set forth under

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under

of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such a filing.

Director — Gizman I. Abbas: Mr. Gizman I. Abbas resigned from his role as a Director of Prairie Operating Co.

Material Modification to Rights of Security Holders. The information set forth under

The First Penny Warrant was issued without registration under the Securities Act, in reliance upon the exemption provided under Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D promulgated thereunder.

Entry into a Material Definitive Agreement. Series F Convertible Preferred Stock – Letter Agreement On April 8, 2026, Prairie Operating Co. (the “Company”) entered into a letter agreement (the “Letter Agreement”) with Hudson Bay PH XIX LLC (“High Trail”), pursuant to which the parties agreed, among other things, (i) that the Company would repurchase, on the date of the Letter Agreement, 13,727 shares of the Company’s Series F Convertible Preferred Stock (the “Series F Preferred”) from High Tr…

Entry into a Material Definitive Agreement. As previously disclosed on the Current Report on Form 8-K of Prairie Operating Co. (the “Company”) filed on March 26, 2025, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”), as amended by that certain Amendment, dated March 25, 2026 (the “Original Amendment”), with each of the investors listed on the Schedule of Buyers attached thereto (collectively, the “Buyers”), pursuant to which, among other things, the Company…

of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such a filing.

Entry into a Material Definitive Agreement. As previously disclosed on the Current Report on Form 8-K of Prairie Operating Co. (the “Company”) filed on March 26, 2025, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with each of the investors listed on the Schedule of Buyers attached thereto (collectively, the “Buyers”), pursuant to which, among other things, the Company (i) sold to the Buyers 148,250 shares (the “Preferred Shares”) of the Company’s Series…

CEO and Chairman of the Board of Directors — Edward Kovalik: Edward Kovalik resigned as CEO and Chairman of the Board, with no immediate successor named.

of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such a filing.

Changes in Registrant’s Certifying Accountant. Following a competitive request for proposals process, the Audit Committee (the “ Audit Committee ”) of the Board of Directors of Prairie Operating Co. (the “ Company ”) approved the engagement of Deloitte & Touche LLP (“ Deloitte ”), effective September 18, 2025, as its independent registered public accounting firm for the fiscal year ending December 31, 2025. On September 18, 2025, the Audit Committee also approved the dismissal of Ham, Langsto…