Summary by Futu AI
Periscope Capital Inc., a Canadian investment firm, has filed a Schedule 13G with the United States Securities and Exchange Commission (SEC) on February 9, 2024, disclosing a 7.8% ownership stake in HNR Acquisition Corp. The filing indicates that Periscope Capital Inc. beneficially owns 431,850 shares of HNR Acquisition Corp's Class A Common stock. This stake is based on 5,528,859 shares of Common Stock, which includes shares that could be obtained from the conversion of warrants owned by Periscope. The address of Periscope's principal business office is located at 333 Bay Street, Suite 1240, Toronto, Ontario, Canada. The filing was made in accordance with Rule 13d-1(b) as a non-U.S. institution and specifies that the shares were not acquired for the purpose of changing or influencing the control of HNR Acquisition Corp, nor in connection with any transaction having that purpose or effect.