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EON Resources ( (EONR) ) has issued an announcement.
On July 11, 2025, EON Resources Inc. entered into a Note Purchase Agreement with White Lion Capital, LLC, to issue and sell convertible promissory notes totaling up to $1,200,000. The initial note of $600,000 was issued in exchange for $564,000 in cash, with a second closing option available until July 11, 2026. The agreement includes filing a registration statement with the SEC and a right of first refusal for White Lion on certain transactions. The notes accrue interest at 5% per annum, with potential adjustments, and can be converted into Class A Common Stock under specified conditions.
The most recent analyst rating on (EONR) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on EON Resources stock, see the EONR Stock Forecast page.
More about EON Resources
Average Trading Volume: 5,719,676
Technical Sentiment Signal: Sell
Current Market Cap: $7.41M
Find detailed analytics on EONR stock on TipRanks’ Stock Analysis page.