HNRA stockholders approve extension to Nov 15, 2023; ~4.1M shares redeemed

EON Resources Inc.

Stockholders approved charter amendment to extend business combination deadline from May 15, 2023 to up to Nov 15, 2023 via six one-month extensions.
Approximately 4.1 million public shares redeemed, removing ~$43M from trust account; 4.5M public shares remain outstanding.
Sponsor deposited $120,000 into trust for first one-month extension to June 15, 2023.
Proposed business combination with Pogo Resources LLC remains pending; proxy statement to be filed.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

EON Resources Inc.: Amended certificate of incorporation to extend deadline for initial business combination from May 15, 2023 to up to November 15, 2023 (effective 2023-05-11).

Change: charter amendment
Effective: 2023-05-11

Exact text from the filing

At the Meeting, the Company’s stockholders approved an amendment (the “ Extension Amendment ”) to the Company’s amended and restated certificate of incorporation (the “ Charter ”) to extend the date by which the Company must consummate its initial business combination from the current termination date of May 15, 2023, by up to six (6) one-month extensions to November 15, 2023

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

EON Resources Inc. shareholders approved approve the Extension Amendment.

Outcome: passed

Exact text from the filing

The final voting results for the proposal to approve the Extension Amendment were as follows: For Against Abstain Broker Non-Votes 9,063,345 244,866 0 0

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8 governance changes filed in the last 30 days. Browse all governance changes →

EON Resources Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-040076

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