---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-000668"
form_type: "8-K/A"
ticker: "HNRG"
cik: "0000788965"
company_name: "HALLADOR ENERGY CO"
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T19:08:32.542330+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hallador completes Merom 1-GW power plant acquisition; pro forma net income positive

## Summary
- Consideration includes $184.5M PPA liability, $34.3M coal contract asset, ~$17M coal inventory.
- Pro forma net income for six mo. ended June 2022: $4.9M (vs. Hallador loss of $13.5M).
- Pro forma diluted EPS: $0.16 for H1 2022; $1.07 for FY 2021.
- Acquisition closed Oct 21, 2022; accounted for as asset acquisition (ASC 805).
- Fair value of plant $165.8M; ARO assumed $7.2M.

## SEC filing metadata
- accession: 0001437749-23-000668
- form_type: 8-K/A
- ticker: HNRG
- cik: 0000788965
- company_name: HALLADOR ENERGY CO
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788965/000143774923000668/0001437749-23-000668-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788965/000143774923000668/hnrg20221220_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-000668
- JSON: https://secwatch.observer/filing/0001437749-23-000668.json
- Plain text: https://secwatch.observer/filing/0001437749-23-000668.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.