HNR Acquisition Corp adjourns special meeting to Nov 13; 4.48M public shares redeemable upon close

EON Resources Inc.

Special meeting on business combination adjourned to Nov 13, 2023; only adjournment proposal was voted and approved.
Preliminary reports indicate 4,480,725 public shares (~59.6% of outstanding) submitted for redemption contingent on closing.
Shareholders may still redeem shares until 5:00 p.m. ET on Nov 9, 2023; redemption only effective upon deal close.
Company entered Forward Purchase Agreement and PIPE subscription with Meteora entities for up to 3M shares to backstop financing.

item 1.01 item 2.03 item 3.02 item 5.07 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

EON Resources Inc. entered into Forward Purchase Agreement with Meteora Capital Partners, LP, Meteora Select Trading Opportunities Master, LP, and Meteora Strategic Capital, LLC valued at up to 3,000,000 shares (effective 2023-11-02).

Action: entry
Agreement: equity purchase
Counterparty: Meteora Capital Partners, LP, Meteora Select Trading Opportunities Master, LP, and Meteora Strategic Capital, LLC
Value: up to 3,000,000 shares
Effective: 2023-11-02

Exact text from the filing

On November 2, 2023, HNR Acquisition Corp (the “Company” or “HNRA”) entered into an agreement with (i) Meteora Capital Partners, LP (“MCP”), (ii) Meteora Select Trading Opportunities Master, LP (“MSTO”), and (iii) Meteora Strategic Capital, LLC (“MSC” and, collectively with MCP and MSTO, “Seller”) (the “Forward Purchase Agreement”) for OTC Equity Prepaid Forward Transactions.

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23 material agreements filed in the last 30 days. Browse all material agreements →

EON Resources Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-083018

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