Summary by Moomoo AI
White Lion Capital, LLC has filed a Schedule 13G with the United States Securities and Exchange Commission on May 10, 2024, indicating that it has acquired a significant stake in HNR Acquisition Corp. The investment firm, based in Nevada, now holds 440,000 shares of HNR Acquisition Corp's Class A Common Stock, which represents 8.4% of the class. This level of ownership was calculated based on the total number of Class A shares outstanding as of May 2, 2024, as reported in HNR Acquisition Corp's Form 10-K filed on May 3, 2024. White Lion Capital's filing was made under Rule 13d-1(c), which is used for passive investors. The firm has declared that the acquisition of these shares is not intended for the purpose of changing or influencing the control of HNR Acquisition Corp, nor is it connected with any transaction that has such purpose or effect.