EON Resources Inc. (EONR.W) Warrant
Each EONR.W warrant gives the holder the right to buy 1 share of EON Resources Inc. at $11.50 per share, until November 15, 2028. The stock last closed at $0.49, below the strike, so the warrant is out of the money. EON Resources Inc. has a market value of about $24.33M. There are 8.62M listed warrants; exercising all of them would add 17.3% to the 49.97M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2028-11-15
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.61
From the issuer's S-1/A (2022-02-07).
Company and stock
- Company
- EON Resources Inc.
- Underlying stock
- EONR
- Share price
- $0.49
- Market cap
- $24.33M
- Shares outstanding
- 49.97M
- 12-month range
- $0.35 – $1.53
- 12-month change
- -17%
- Value of all listed warrants
- $947.89K (3.9% of market cap)
- Industry
- Crude Petroleum & Natural Gas
- Head office
- Houston, TX
- Incorporated in
- Delaware
Market cap is the last share price times shares outstanding (as of 2025-11-07). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.1099
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Dilution
- Shares outstanding
- 49.97M
- Listed warrants
- 8.62M
- Dilution if all exercised
- 17.3%
Warrant count from filing notes, read by hand (high): Public warrants (legacy HNR Acquisition IPO; each for 3/4 share).
Filings and events
- Merger closed; the warrants became warrants of the combined company
- Terms source: S-1/A
Questions about EONR.W
When does the EONR.W warrant expire?
EONR.W expires on November 15, 2028.
What is the strike price of EONR.W?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can EON Resources Inc. redeem the EONR.W warrants early?
Yes. The company can call them if the share price reaches $18.00 for the required period (usually 20 of 30 trading days).
How many EONR.W warrants are outstanding?
8.62M listed warrants, equal to 17.3% dilution if all are exercised.
Related warrants
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