Home/Filings/4/0001213900-25-050421
4//SEC Filing

Blount Byron 4

Accession 0001213900-25-050421

CIK 0001842556other

Filed

Jun 2, 8:00 PM ET

Accepted

Jun 3, 11:31 AM ET

Size

11.3 KB

Accession

0001213900-25-050421

Insider Transaction Report

Form 4
Period: 2025-05-08
Blount Byron
Director
Transactions
  • Other

    Redeemable Warrants

    2025-05-0850,0000 total
    Exercise: $11.50From: 2023-11-15Exp: 2028-01-27Class A Common Stock (37,500 underlying)
  • Other

    Convertible Promissory Note

    2025-05-08
    From: 2025-05-08Exp: 2028-01-31Class A Common Stock (200,000 underlying)
  • Sale

    Convertible Promissory Note

    2025-05-13$50000.00/sh
    From: 2025-05-08Exp: 2028-01-31Class A Common Stock (200,000 underlying)
Footnotes (3)
  • [F1]On May 8, 2025, EON Resources Inc. (the "Issuer") entered into an Exchange Agreement with the reporting person, pursuant to which the Issuer issued to the reporting person a convertible promissory note due January 31, 2028 in the principal amount of $50,000 (the "Convertible Note") in exchange for 50,000 redeemable warrants (each exercisable to purchase three-quarters of a share of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock"), of the Issuer at $11.50 per share, subject to adjustment).
  • [F2]The Convertible Note is convertible by the reporting person at any time after issuance into shares of Class A Common Stock at a conversion price equal to the greater of (a) $0.25 per share or (b) 90% multiplied by the average of the three lowest VWAPs of the Class A Common Stock over the ten trading days prior to conversion (the "Conversion Price"). If, at any time the Convertible Note is outstanding, the Issuer issues or sells Class A Common Stock for no consideration or at a price lower than the then-current Conversion Price, then the Conversion Price of the Convertible Note will be automatically reduced to the amount of consideration per share received by the Issuer in such sale or offering
  • [F3]On May 13, 2025, the reporting person agreed to sell and transfer the Convertible Note in a private transaction for $50,000.

Documents

1 file

Issuer

EON Resources Inc.

CIK 0001842556

Entity typeother

Related Parties

1
  • filerCIK 0002003092

Filing Metadata

Form type
4
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 11:31 AM ET
Size
11.3 KB