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EON Resources Completes Convertible Notes Issuance

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EON Resources Completes Convertible Notes Issuance

Confident Investing Starts Here:

EON Resources ( (EONR) ) has issued an announcement.

Between January 2023 and November 2023, EON Resources Inc. entered into note and warrant purchase agreements with accredited investors, leading to the issuance of Convertible Notes worth $6,850,000 in exchange for Old Notes and Warrants. These Convertible Notes, maturing in 2028, offer flexible conversion options and favorable terms for investors, potentially impacting the company’s financial structure and market positioning.

More about EON Resources

EON Resources Inc. is a Delaware-based company involved in financial transactions, specifically dealing with promissory notes and stock warrants.

Average Trading Volume: 669,750

Technical Sentiment Signal: Sell

Current Market Cap: $7.79M

For detailed information about EONR stock, go to TipRanks’ Stock Analysis page.

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