---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-126645"
form_type: "8-K"
ticker: "HNRG"
cik: "0000788965"
company_name: "HALLADOR ENERGY CO"
filed_at: "2023-12-18T23:59:59+00:00"
generated_at: "2026-06-07T11:33:11.049204+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hallador Energy enters $50M ATM equity offering with B. Riley Securities

## Summary
- Entered at-market issuance sales agreement to sell up to $50M of common stock.
- B. Riley Securities acts as sales agent under the ATM program.
- Shares sold under effective Form S-3 registration statement filed with SEC.
- Company filed prospectus supplement dated December 18, 2023.
- Either party may terminate agreement on 5 days' notice.

## SEC filing metadata
- accession: 0001104659-23-126645
- form_type: 8-K
- ticker: HNRG
- cik: 0000788965
- company_name: HALLADOR ENERGY CO
- filed_at: 2023-12-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788965/000110465923126645/0001104659-23-126645-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788965/000110465923126645/tm2333092d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-126645
- JSON: https://secwatch.observer/filing/0001104659-23-126645.json
- Plain text: https://secwatch.observer/filing/0001104659-23-126645.txt

## Key facts
- Material Agreements
  HALLADOR ENERGY CO entered into At Market Issuance Sales Agreement with B. Riley Securities, Inc. valued at aggregate gross proceeds of up to $50,000,000 (effective 2023-12-18).
  - Action: entry
  - Agreement: atm program
  - Counterparty: B. Riley Securities, Inc.
  - Value: aggregate gross proceeds of up to $50,000,000
  - Effective: 2023-12-18
  source text: On December 18, 2023, Hallador Energy Company (the “Company”) entered into an At Market Issuance Sales Agreement (the “Sales Agreement”) with B. Riley Securities, Inc. (the “Agent”), pursuant to which the Company may issue and sell, from time to time, shares (the “Shares”) of its common stock, par value $0.01 per share (the “Common Stock”), with aggregate gross proceeds of up to $50,000,000 through an “at-the-market” equity offering program under which the Agent will act as sales agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/788965/000110465923126645/0001104659-23-126645-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.