HNR Acquisition Corp has submitted Amendment No. 2 to its Registration Statement on Form S-1 to the Securities and Exchange Commission (SEC), addressing comments from the SEC staff and updating disclosures. The amendment, filed on May 13, 2024, includes responses to the SEC's comments on various aspects of the registration statement, including clarifications on the purchase of equity interests, the impact of sales by Selling Securityholders on the trading price of Class A Common Stock, and additional information on the company's business and financial position. The company has updated its cover page to reflect the correct closing date of the purchase as November 15, 2023, and clarified the number of shares being registered for resale. HNR Acquisition Corp has also revised its risk...Show More

HNR Acquisition Corp has submitted Amendment No. 2 to its Registration Statement on Form S-1 to the Securities and Exchange Commission (SEC), addressing comments from the SEC staff and updating disclosures. The amendment, filed on May 13, 2024, includes responses to the SEC's comments on various aspects of the registration statement, including clarifications on the purchase of equity interests, the impact of sales by Selling Securityholders on the trading price of Class A Common Stock, and additional information on the company's business and financial position. The company has updated its cover page to reflect the correct closing date of the purchase as November 15, 2023, and clarified the number of shares being registered for resale. HNR Acquisition Corp has also revised its risk factors, business description, and Management's Discussion and Analysis of Financial Condition and Results of Operations to provide more accurate and updated information. The company has addressed the SEC's concerns regarding the White Lion Capital Committed Equity Financing and the Forward Purchase Agreement, including the Seller's purchase of shares and the impact on the company's liquidity. Additionally, HNR Acquisition Corp has updated its disclosures on the compensation of executive officers and directors, the Omnibus Incentive Plan, and the expertise of third-party firms involved in reserve estimates. The company is seeking to have the Form S-1 declared effective as soon as possible.