Past year: ▼ 9%(38.4c – 83.0c USD)
Each one in plain English, with the numbers worked through for a shareholder.
15 Apr 2025financial restatement▼ BadMajor
Disclosed a restatement: a clerical error in marking the Meteora forward-purchase-agreement liability to fair value had overstated that liability and understated income by about $5.2M in Q3 2024 -- a non-cash correction that doesn't affect revenue or operating results, but adds to a growing list of accounting control problems at the young public company.
1 Apr 2025late filing notice▼ Bad
EON Resources Inc. notified the SEC that its annual report would be filed late.
28 Mar 2025director interest notice● Neutral
EON Resources Inc. director Joseph V Sr Salvucci bought 69,420 shares on the open market.
21 Mar 2025director interest notice● Neutral
EON Resources Inc. director Joseph V Sr Salvucci bought 20,000 shares on the open market.
21 Mar 2025agm notice● Neutral
EON Resources called a special stockholder meeting for April 17, 2025. Holders were asked to approve issuing more than 19.99% of its shares under note-and-warrant exchange agreements for convertible notes, and to approve a possible adjournment.
20 Mar 2025director interest notice● Neutral
EON Resources Inc. Chief Financial Officer Mitchell Trotter bought 5,000 shares on the open market at $0.56.
20 Mar 2025director interest notice● Neutral
EON Resources Inc. director Joseph V Sr Salvucci bought 46,429 shares on the open market.
18 Mar 2025director interest notice● Neutral
EON Resources Inc. director Joseph V Sr Salvucci bought 95,959 shares on the open market.
13 Feb 2025capital raising announcement▲ GoodMajor
Struck a deal to cut the $15M Pogo seller note nearly in half: agreed to buy out a 10% overriding royalty on Pogo's oil and gas assets for $14M cash, while the seller agreed to waive accrued interest, reduce the note to $8M, and settle it for an $8M cash payment -- contingent on the company securing financing to fund it.
7 Feb 2025capital raising announcement▼ BadMajor
Exchanged another $582,500 of 2023 bridge notes and 984,000 warrants, this time from 11 investors, for $1.57M of the same deeply-discounted convertible notes -- the toxic-conversion financing continuing to spread across the bridge-note holder base.
4 Feb 2025securities registration● Neutral
EON Resources Inc. filed the final prospectus for a registered offering.
24 Jan 2025capital raising announcement▼ BadMajor
Exchanged $400,000 of 2023 bridge notes and 950,000 warrants held by seven investors for $1.35M of new convertible notes -- convertible at a steeply discounted $0.25 floor or 90% of the lowest recent trading price, a toxic-financing structure that ratchets down further if the company sells stock any cheaper.
24 Jan 2025securities registration● Neutral
EON Resources Inc. registered a securities offering with the SEC.
23 Jan 2025director interest notice● Neutral
EON Resources Inc. 10%+ owner Pogo Royalty, LLC sold 1,071,897 shares at $1.59.
10 Jan 2025director interest notice● Neutral
EON Resources Inc. 10%+ owner Pogo Royalty, LLC sold 429,125 shares at $1.52.
17 Dec 2024director interest notice● Neutral
EON Resources Inc. Chief Executive Officer Dante Caravaggio bought 1,000 shares on the open market at $0.61.
10 Dec 2024agm notice● Neutral
EON Resources' shareholders at the December 10, 2024 annual meeting elected two Class I directors, ratified Marcum LLP as auditor, and approved issuing shares to White Lion Capital above the Exchange Cap under the purchase agreement.
26 Nov 2024agm notice● Neutral
EON Resources' board amended its bylaws on November 26, 2024 to cut the stockholder quorum to one-third of voting power, applied retroactively to the annual meeting postponed to December 10, 2024. About 3,234,991 votes were needed for a quorum.
18 Nov 2024quarterly activities report● Neutral
EON Resources reported third-quarter 2024 revenue of $7.4 million (about $5.5 million excluding hedging derivatives) and a net loss of $3.8 million, which included roughly $6.0 million of non-cash charges.
15 Nov 2024late filing notice▼ Bad
EON Resources Inc. notified the SEC that its quarterly report would be filed late.
15 Nov 2024quarterly activities report● Neutral
EON Resources reported total revenue of $7.4 million for the quarter ended September 30, 2024, but a net loss of $3.8 million, which included large non-cash charges.
14 Nov 2024substantial holder notice● Neutral
OCM Value SPAC Holdings, L.P, Oaktree Capital Holdings, LLC, Oaktree Capital Group Holdings GP, LLC, Brookfield Asset Management ULC reported no remaining EON Resources Inc. shareholding in its periodic institutional filing.
13 Nov 2024agm notice● Neutral
EON Resources issued its proxy statement for the annual meeting on November 25, 2024. Stockholders were asked to elect two Class I directors, ratify Marcum LLP as auditor, approve share issuances above 19.99% under the White Lion agreement, and approve a possible adjournment.
8 Nov 2024securities registration● Neutral
EON Resources Inc. filed the final prospectus for a registered offering.
1 Nov 2024securities registration● Neutral
EON Resources Inc. amended a filing by which it registered a securities offering with the SEC.
24 Oct 2024securities registration● Neutral
EON Resources Inc. registered a securities offering with the SEC.
21 Oct 2024capital raising announcement▼ BadMajor
Now renamed EON Resources Inc. (ticker EONR), the company issued a wide batch of stock to settle obligations rather than pay cash: severance shares to its former CEO, consulting-fee shares to outside advisors, "thank you" shares to insiders who personally pledged stock to secure FIBT letters of credit, and stock-for-cash settlements of unpaid vendor invoices at $1/share -- a pattern that points to real cash scarcity even as the company adopts its new identity.
17 Oct 2024director interest notice● Neutral
EON Resources Inc. director Byron Blount bought 2,500 shares on the open market at $2.01.
17 Oct 2024director interest notice● Neutral
EON Resources Inc. VP of Finance and Admin Mark Williams bought 50,000 shares on the open market at $1.00.
17 Oct 2024director interest notice● Neutral
EON Resources Inc. Chief Executive Officer Dante Caravaggio bought 110,000 shares on the open market.
