---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-004150"
form_type: "8-K"
ticker: "HNRG"
cik: "0000788965"
company_name: "HALLADOR ENERGY CO"
filed_at: "2026-01-15T23:59:59+00:00"
generated_at: "2026-05-16T10:17:53.869144+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hallador Energy raises ~$53.6M net in public offering; terminates prior ATM program

## Summary
- Terminated ATM Sales Agreement with B. Riley Securities effective Jan 18, 2026; no penalties.
- Priced public offering of 2,777,778 shares at $18.00/share; gross proceeds ~$50M.
- Underwriters exercised 30-day option for 416,666 additional shares; total net proceeds ~$53.6M.
- Offering closed Jan 15, 2026; proceeds for general corporate purposes including new natural gas facility.
- Texas Capital Securities acted as sole bookrunner; Northland Capital Markets and A.G.P. as co-managers.

## SEC filing metadata
- accession: 0001104659-26-004150
- form_type: 8-K
- ticker: HNRG
- cik: 0000788965
- company_name: HALLADOR ENERGY CO
- filed_at: 2026-01-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- confidence: high
- sec_items: 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788965/000110465926004150/0001104659-26-004150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788965/000110465926004150/tm263288d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-004150
- JSON: https://secwatch.observer/filing/0001104659-26-004150.json
- Plain text: https://secwatch.observer/filing/0001104659-26-004150.txt

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