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EON Resources Inc.

EONR NYSE Energy · Crude Petroleum & Natural Gas Houston, TX www.eon-r.com
$0.55
Mkt Cap 1.6M
EON Resources, Inc. (formerly HNR Acquisition Corp) (the Company or EON ), was incorporated in Delaware as a blank check company formed for the purpose of effecting a merger, capital stock exchange, a…

EON Resources, Inc. (formerly HNR Acquisition Corp) (the Company or EON ), was incorporated in Delaware as a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. Prior to closing the Purchase, our efforts were limited to organizational activities, completion of an initial public offering and the evaluation of possible business combinations. On February 15, 2022, we consummated the Initial Public Offering of 7,500,000 units (the Units ), at $10.00 per Unit, generating proceeds of $75,000,000. Additionally, the underwriter fully exercised its option to purchase 1,125,000 additional Units, for which we received cash proceeds of $11,250,000. Simultaneously with the closing of the Initial Public Offering, we consummated the sale of 505,000 private placement units at a price of $10.00 per unit generating proceeds of $5,050,000 in a private placement to our Sponsor and EF Hutton (formerly Kingswood Capital Markets) ( EF Hutton ). On April 4, 2022, the Units separated into Class A Common Stock and warrants, and ceased trading. On April 4, 2022, the Class A Common Stock and warrants commenced trading on the NYSE American. On September 16, 2024, the Company filed a Certificate of Amendment (the Certificate of Amendment ) to its Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to change the Company’s name from HNR Acquisition Corp to EON Resources Inc.

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REVENUE TTM
$17.2M
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