Mitchell Trotter - Apr 15, 2024 Form 4 Insider Report for HNR Acquisition Corp. (HNRA)

Role
Chief Financial Officer, Director
Signature
/s/ Mitchell Trotter
Stock symbol
HNRA
Transactions as of
Apr 15, 2024
Transactions value $
$0
Form type
4
Date filed
4/16/2024, 10:38 AM
Previous filing
Dec 6, 2023
Next filing
Aug 30, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HNRA Common Stock Warrant (right to buy) Purchase +100K +200% 150K Apr 15, 2024 Class A Common Stock 75K $11.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Common Stock Warrants were purchased pursuant to a Note and Warrant Purchase Agreement between the Reporting Person and the Issuer. The Reporting Person paid $100,000 and received a promissory note in the principal amount of $100,000 and 100,000 Common Stock Warrants, exercisable for 75,000 shares of Class A Common Stock of the Issuer at an exercise price of $11.50 per share.