EON Resources exchanges $400K debt and 950K warrants for $1.35M convertible notes due 2028

EON Resources Inc.

Seven accredited investors exchanged $400K of old notes and 950,000 warrants for $1.35M convertible notes.
Notes bear 7.5% interest, mature Jan 31, 2028, convertible at greater of $0.25 or 90% of average low VWAPs.
Automatic conversion price reduction if Company issues stock at lower price than then-current conversion price.
Issued under Section 3(a)(9) exchange; no cash proceeds to Company.
Company may prepay without premium; includes more-favored-nations clause.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.