HNR Acquisition Corp
In talks with Pogo Resources
None
Rumor from
SPAC Details
Ticker : HNRA
Status : Definitive Agreement
Sector : Energy and Sustainability
Target :
not announced
Trust account : $ 88.5 million
Underwriters : Kingswood Capital Markets
Lawyers : K&L Gates, Loeb & Loeb LLP
IPO : Feb. 11, 2022
Target Announced : Jan. 03, 2023
Merger Closed : n/a
Liquidation : Feb. 15, 2023
Chairman & CEO : Donald H. Goree
Pres & Director : Donald W. Orr
Performance
Common Price : $ 10.15
NAV : $ 10.00
Premium to NAV : 1%
Warrant Price : $ 0.09
Warrant Strike : $ 11.50
Warrant Intrinsic Value : $ 0.00
Total Return : 1%
Annualized Return : 2%
Annualized Volatility : 3%
Sharpe Ratio : -7.10
Maximum Drawdown : 1%
Pogo Resources
None
Target announced on Jan. 03, 2023
Transaction Overview and Valuation
Equity Value at $10 per share : $ None
Equity Value at current $ per share :
$ 118.1 million
Enterprise Value at $10 per share : $ None
Business Combination Proceeds :
$ 88.5 million Cash in Trust +
$ None PIPE
None
None
see Investor Presentation
No graph available.
Source: Investor presentation. For the latest financial projections please refer to the investor relations department of the company.