Dante Caravaggio, the Chief Executive Officer and a 10% owner of HNR Acquisition Corp, filed an Initial Statement of Beneficial Ownership of Securities with the SEC on January 11, 2024. The filing, required under Section 16(a) of the Securities Exchange Act of 1934, details Caravaggio's beneficial ownership of HNR Acquisition Corp's securities. As reported, Caravaggio directly owns 200 shares of Class A Common Stock and indirectly owns an additional 539,040 shares through entities he controls, including Alexandria VMA Capital, LLC and Dante Caravaggio, LLC. The indirect ownership includes 400,000 restricted founder's shares and 89,000 shares through VMA. Additionally, Caravaggio's LLC holds warrants exercisable for 179,000 shares of Class A Common Stock at $11.5 per share, with an exercise period starting November 15, 2023, and expiring on January 27, 2028. These warrants were issued in connection with a loan provided to the company on terms similar to other lenders.

Dante Caravaggio, the Chief Executive Officer and a 10% owner of HNR Acquisition Corp, filed an Initial Statement of Beneficial Ownership of Securities with the SEC on January 11, 2024. The filing, required under Section 16(a) of the Securities Exchange Act of 1934, details Caravaggio's beneficial ownership of HNR Acquisition Corp's securities. As reported, Caravaggio directly owns 200 shares of Class A Common Stock and indirectly owns an additional 539,040 shares through entities he controls, including Alexandria VMA Capital, LLC and Dante Caravaggio, LLC. The indirect ownership includes 400,000 restricted founder's shares and 89,000 shares through VMA. Additionally, Caravaggio's LLC holds warrants exercisable for 179,000 shares of Class A Common Stock at $11.5 per share, with an exercise period starting November 15, 2023, and expiring on January 27, 2028. These warrants were issued in connection with a loan provided to the company on terms similar to other lenders.