EON Resources issues $600K convertible note to White Lion Capital with additional $600K option

EON Resources Inc.

Issued $600K convertible promissory note to White Lion on July 11, 2025, for net proceeds of $564K.
White Lion has option until July 11, 2026 to purchase additional $600K note on same terms.
Note matures Jan 7, 2027; interest 5% (10% if registration not effective within 6 months).
Conversion price: greater of $0.25 or lower of Fixed Conversion Price or 90% of 10-day lowest close.
Beneficial ownership cap 4.99%; registration statement to be filed within 60 days.

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