secwatch.observer — SEC 8-K summary
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Issuer:     EON Resources Inc. (EONR)
CIK:        0001842556
Form:       8-K
Filed at:   2025-07-17T23:59:59+00:00
Accession:  0001213900-25-065159
Event type: debt
Sentiment:  negative
Materiality: 0.75
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1842556/000121390025065159/0001213900-25-065159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1842556/000121390025065159/ea0249071-8k_eonres.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-065159

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer