Follansbee, WV – January 5, 2026, (OTC Markets Release) Empire Diversified Energy, Inc. (OTC Markets Pink (Ticker Symbol: MPIR). Empire Diversified Energy, Inc. (EDE) the parent company of Empire Trimodal Terminal (ETT) and its affiliated operating businesses, today announced that ETT, a wholly owned subsidiary of EDE, has filed papers to withdraw and rescind its previously filed Chapter 11 proceeding. Only ETT filed for Chapter 11; EDE was not a Chapter 11 debtor.
EDE and all of its subsidiaries, including ETT, will continue to operate outside of Chapter 11 while EDE advances a comprehensive strategic financing review.
The decision reflects constructive engagement with key stakeholders and EDE’s determination that a consensual, out-of-court process provides the most efficient and flexible path to preserve value across the enterprise.
“After careful consideration, we believe that pursuing solutions outside of Chapter 11 best positions EDE and ETT to achieve a value-maximizing outcome,” said Frank Rosso, Chief Executive Officer of EDE. “ETT’s filing served its intended purpose, and we are now focused on advancing a coordinated strategy that reflects the operational connectivity of our assets and businesses.”
EDE, together with its financial advisor,Oppenheimer & Co. Inc., are evaluating a range of potential alternatives, including refinancing at the parent or subsidiary level and other strategic transactions. The Company noted that it has received interest from prospective lenders and investors and intends to conduct a disciplined, coordinated process to assess the most attractive options.
ETT and EDE’s other operating subsidiaries will continue to operate in the ordinary course, with no expected disruption to customers, vendors, or employees.
“We remain focused on maintaining operational momentum while working collaboratively with stakeholders,” added Mr. Rosso. “Given the interdependence of our assets and operations, we believe a coordinated, enterprise-level approach will drive the best long-term result.”
EDE expects to provide updates as it deems appropriate as the strategic review progresses.
Please click the link below for additional information:
www.empirediversifiedenergy.com
About Empire Diversified Energy, Inc.
Empire Diversified Energy, Inc. is a fully integrated company offering recycling, logistics, energy production, and remediation services helping to promote a safer and more sustainable environment. The Company has proven and demonstrated experience in helping to shape the green environment, and continues to transform and grow through energy production, manufacturing, and other further development at the Port of West Virginia.
Forward-looking Information
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 including the benefits of the project and the announcement of further details. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods.
Any such forward-looking statements are not guarantees of performance or results, and involve risks, uncertainties (some of which are beyond Empire’s control) and assumptions. Although Empire believes any forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect the outcome or results and cause them to differ materially from those anticipated in any forward-looking statements, including the risk factors described from time to time by us in our filings with the U.S. Securities and Exchange Commission. Shareholders, potential investors and other readers should consider these factors carefully in evaluating the forward-looking statements.
Any forward-looking statement made by Empire in this press release speaks only as of the date on which it is made. Empire undertakes no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
For further information contact
Empire Diversified Energy, Inc.
Investor Relations – 954-332-2423
www.Empirediversifiedenergy.com
