HNR Acquisition Corp

announcedU=S+W/2W=S@11.50
EONRSEC EDGARCIK: 0001842556|HNRAC Sponsors, LLCOil and Gas

Capital Structure & Economics

Trust Size$75,000,000
Unit Price$10.00
Warrant Coverage1/2
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

50% Warrant Inclusion
Public Trust Allocation$75,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedJan 29, 2021
Target AnnouncedDec 27, 2022
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyPogo Resources, LLC
  • SectorOil and Gas
  • Announced Deal Size$90,000,000
  • Announcement Date2022-12-27

Board & Officers

  • Dante CaravaggioCEO
  • Donald H. GoreeOfficer
  • Donald W. OrrOfficer

Advanced Structuring Terms

Target SectorsOil and Gas

Syndicate & Advisors

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.