Energy-Focused HNR Acquisition Lowers Deal Size by 25% Ahead of $75M IPO

IPO

HNR Acquisition, which registered an offering of 10 million units with the SEC in January 2021, today filed an amended S-1 lowering the deal size to 7.5 million units. Each would be priced at $10 and consists of one share and a warrant.

The SPAC’s focus remains on the North American energy industry.

CEO, Director and Chairman Donald H. Goree founded Houston Natural Resources.

EF Hutton is sole book-running manager of the offering.

The SPAC has applied to list on the NYSE under the symbol HNRAU. Read more.

 

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