HNR Acquisition Corp. Files 8-K Amid Listing Rule Concerns
Ticker: EONR-WT · Form: 8-K · Filed: Apr 23, 2024 · CIK: 1842556
Sentiment: neutral
Topics: listing-rules, material-agreement, delisting-notice
Related Tickers: HNRA
TL;DR
HNRA filing 8-K, potential delisting issues, check details.
AI Summary
HNR Acquisition Corp. filed an 8-K on April 23, 2024, reporting a material definitive agreement and a notice of delisting or failure to satisfy listing rules. The filing date of the earliest event reported is April 17, 2024. The company is incorporated in Delaware and its fiscal year ends on December 31.
Why It Matters
This filing indicates potential issues with HNR Acquisition Corp.'s continued listing on an exchange, which could impact its stock trading and investor confidence.
Risk Assessment
Risk Level: high — The filing explicitly mentions a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard,' which is a significant risk for shareholders.
Key Players & Entities
- HNR Acquisition Corp. (company) — Registrant
- April 17, 2024 (date) — Earliest event reported date
- April 23, 2024 (date) — Filing date
- Delaware (jurisdiction) — State of incorporation
FAQ
What is the primary reason for HNR Acquisition Corp.'s 8-K filing?
The 8-K filing is related to an 'Entry into a Material Definitive Agreement' and a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard'.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on April 17, 2024.
What is HNR Acquisition Corp.'s state of incorporation?
HNR Acquisition Corp. is incorporated in Delaware.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
What is the SEC file number for HNR Acquisition Corp.?
The SEC file number for HNR Acquisition Corp. is 001-41278.
Filing Stats: 1,133 words · 5 min read · ~4 pages · Grade level 13.5 · Accepted 2024-04-23 08:30:10
Key Financial Figures
- $0.0001 — tered Class A Common Stock, par value $0.0001 per share HNRA NYSE American Rede
- $11.50 — A Common Stock at an exercise price of $11.50 per share HNRAW NYSE American Ind
- $28 million — ity in an aggregate principal amount of $28 million (the "Term Loan"). On April 18, 2024,
- $5,000,000 — that the balance of the account equals $5,000,000 and FIBT waived the provision that such
- $500,000 — t an amount equal to the greater of (A) $500,000 or (B) 10% of the proceeds of such tran
Filing Documents
- ea0204190-8k_hnracq.htm (8-K) — 36KB
- ea020419001ex10-1_hnracq.htm (EX-10.1) — 37KB
- ea020419001ex99-1_hnracq.htm (EX-99.1) — 12KB
- 0001213900-24-035127.txt ( ) — 315KB
- hnra-20240417.xsd (EX-101.SCH) — 4KB
- hnra-20240417_def.xml (EX-101.DEF) — 26KB
- hnra-20240417_lab.xml (EX-101.LAB) — 36KB
- hnra-20240417_pre.xml (EX-101.PRE) — 25KB
- ea0204190-8k_hnracq_htm.xml (XML) — 6KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits The following exhibits are being filed herewith: Exhibit Number Description 10.1 Second Amendment to Term Loan Agreement dated April 18, 2024, effective March 31, 2024. 99.1 Press Release of the Company dated April 23, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. April 23, 2024 HNR Acquisition Corp By: /s/ Mitchell B. Trotter Name: Mitchell B. Trotter Title: Chief Financial Officer 2