STOCK TITAN

Delayed 10-K puts EON Resources (NYSE: EONR) at risk of NYSE noncompliance

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

EON Resources Inc. reported that NYSE American notified the company on April 16, 2026 that it is out of compliance with continued listing standards because it did not file its Form 10-K for the year ended December 31, 2025 by April 15, 2026.

The company has until October 15, 2026 to file the Annual Report and regain compliance, with a possible additional six‑month extension at the exchange’s discretion. The notice has no immediate effect on trading of its Class A common stock or public warrants, but NYSE American may begin delisting proceedings if circumstances warrant.

EON cites ongoing work on financial reporting and closing procedures as the cause of the delay and says it is dedicating significant resources to complete the filing, though it cautions there is no assurance the 10‑K will be filed within the cure periods or that listing compliance will be restored.

Positive

  • None.

Negative

  • NYSE American noncompliance notice over late 10-K introduces a risk of eventual delisting if EON Resources fails to file its 2025 Form 10-K within the initial or possible additional cure periods.

Insights

Late 10-K and NYSE noncompliance raise reporting and listing risk.

EON Resources has missed the Form 10-K deadline for its 2025 fiscal year and received a NYSE American notice of noncompliance. The company now faces a defined cure window until October 15, 2026, with a discretionary additional six months.

Failure to file within these periods could lead to delisting proceedings, which would reduce trading liquidity and may pressure funding options. The company attributes the delay to additional time needed for financial reporting and close procedures, which can suggest complexity in finalizing its 2025 accounts.

The notice currently does not affect listing of common stock or warrants, and management states it is working diligently to complete the 10-K. Subsequent filings that deliver the 2025 financials and any related commentary on controls or audit matters will be important for understanding how this delay is resolved.

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Securities
The company received a delisting notice or transferred its listing to a different exchange.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Initial cure deadline October 15, 2026 Deadline to file 2025 Form 10-K and regain compliance
Potential additional cure period Up to 6 months Discretionary extension NYSE American may grant
Permian leasehold position 20,000 acres Company’s leasehold in the Permian Basin
Producing and injection wells 750 wells Total wells across EON’s fields
Oil production rate Over 1,000 barrels/day Current production from company fields
Grayburg-Jackson Field acres 13,700 acres Contiguous leasehold in Eddy County, New Mexico
Grayburg-Jackson OOIP Almost 1 billion barrels Estimated original oil in place with less than 7% produced
Planned new horizontal wells 92 wells Farmout Agreement for San Andres formation over 4–5 years
continued listing standards regulatory
"the Company is not in compliance with NYSE American LLC continued listing standards"
Ongoing rules a stock exchange requires a listed company to meet to keep its shares trading publicly, such as minimum share price, market value, timely financial reports, and governance practices. Think of it as a membership checklist for a club: falling short can lead to warnings or removal from the exchange, which can sharply reduce liquidity, investor confidence, and a stock’s value. Investors watch these standards to gauge regulatory risk and the stability of their holdings.
Form 10-K regulatory
"failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025"
A Form 10-K is a comprehensive report that publicly traded companies are required to file annually with regulators. It provides a detailed overview of a company's financial health, operations, and risks, similar to a detailed health report. Investors use this information to assess the company's performance and make informed decisions about buying or selling its stock.
Form 12b-25 regulatory
"as previously reported in the Company's Notification of Late Filing on Form 12b-25"
Form 12b-25 is a notice a publicly traded company files with the U.S. Securities and Exchange Commission when it cannot deliver a required periodic report (like a quarterly or annual financial report) on time. It explains the reason for the delay and gives the company a short, temporary window to finish the report without being marked as delinquent; investors watch it because late filings can signal accounting, operational, or control issues that may affect a company’s reliability and stock risk, much like a missed homework deadline can raise concerns about a student’s preparedness.
original-oil-in-place financial
"original-oil-in-place is approximately 207 million barrels of oil"
waterflood technical
"The field primarily produces oil from the Seven Rivers formation by reinjecting produced water. The Company has a Farmout Agreement"
Waterflood is a method oil producers use to get more oil out of an underground reservoir by pumping water into the ground to push remaining oil toward production wells. It matters to investors because it can raise short‑term output, extend the life of a field and change the cost and value of reserves — like squeezing extra syrup from a sponge by flushing it with water, improving how much product a given asset can deliver.
Farmout Agreement financial
"The Company has a Farmout Agreement for the San Andres formation with Virtus"
A farmout agreement is a contract in which the holder of exploration or production rights lets another party earn a portion of those rights by carrying out specified work, such as drilling a well or paying for exploration costs. For investors, it matters because it shifts who bears the expense and technical risk, can speed up development, and changes how future production and revenues are shared — similar to hiring a contractor to do a job in exchange for a cut of the proceeds.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): April 16, 2026

 

EON RESOURCES INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-41278   85-4359124
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

3730 Kirby Drive, Suite 1200

Houston, Texas 77098

(Address of principal executive offices, including zip code)

 

(713) 834-1145

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class:   Trading symbol   Name of each exchange on which registered
Class A Common Stock, par value $0.0001 per share   EONR   NYSE American
Redeemable warrants, exercisable for three quarters of one share of Class A Common Stock at an exercise price of $11.50 per share   EONR WS   NYSE American

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

Item 3.01: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

On April 16, 2026, EON Resources, Inc. (the “Company”), received an official notice of noncompliance (the “Notification”) from NYSE Regulation stating that the Company is not in compliance with NYSE American LLC (“NYSE American”) continued listing standards due to the failure to timely file the Company’s Form 10-K for the year ended December 31, 2025 (the “Annual Report”) by the filing due date of April 15, 2026.

 

In accordance with Section 1007 of the NYSE American Company Guide, the Company will have until October 15, 2026 (the “Initial Cure Period”), to file the Annual Report with the Securities and Exchange Commission (the “SEC”). If the Company fails to file the Annual Report during the Initial Cure Period, NYSE American may, in its sole discretion, provide an additional six-month cure period (the “Additional Cure Period”). The Company can regain compliance with NYSE American’s continued listing standards at any time during the Initial Cure Period or Additional Cure Period, as applicable, by filing the Annual Report and any subsequent delayed filings with the SEC.

 

As previously reported in the Company’s Notification of Late Filing on Form 12b-25 filed with the SEC on April 2, 2024 (the “Form 12b-25”), the Company was unable to file the Annual Report within the prescribed period because additional time, resources and effort are required to complete work related to its financial reporting and close procedures. Subsequent to filing the Form 12b-25, the Company continued to dedicate significant resources to the completion of such procedures but was unable to file the Annual Report by April 15, 2026, the end of the extension period provided by the Form 12b-25. The Company requires additional time to complete such procedures.

 

The Notification has no immediate effect on the listing of the Company’s securities on NYSE American. The Company is working diligently to complete the necessary work to file the Annual Report as soon as practicable and currently expects to file the Annual Report within the Initial Cure Period granted by the NYSE American; however, there can be no assurance that the Annual Report will be filed within the Initial Cure Period or any Additional Cure Period. There can also be no assurance that the Company will be able to regain compliance with the listing standards discussed above or remain in compliance with all other applicable NYSE American listing standards.

 

Item 7.01. Regulation FD Disclosure.

 

On April 22, 2026, the Company issued a press release announcing its receipt of the Notification from NYSE American. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information included in this Current Report on Form 8-K under this Item 7.01 (including Exhibit 99.1) shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing made by the Company under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

 

1

 

Forward-Looking Statements

 

This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, the Company can give no assurance that such expectations and assumptions will prove to be correct. Forward-looking statements include all statements that are not historical facts and can generally be identified by terms such as “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potentially,” or “will” or similar expressions and the negatives of those terms. These statements include, but are not limited to, statements regarding the Company’s expectations related to filing of the Annual Report and the Company’s ability to regain and maintain compliance with NYSE American rules. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors relate to, among others, the finalization of the Company’s 2025 fiscal year end financial statements. These and other factors are described in greater detail under the “Risk Factors” heading of the Company’s documents filed from time to time on EDGAR (see www.edgar-online.com) and with the Securities and Exchange Commission (see www.sec.gov). All information provided in this Current Report on Form 8-K is as of the date of this Current Report on Form 8-K, and any forward-looking statements contained herein are based on assumptions that the Company believes to be reasonable as of this date. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to us on the date hereof. The Company undertakes no duty to update this information unless required by law.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press Release dated April 22, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

2

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

April 22, 2026 EON Resources Inc.
     
  By: /s/ Mitchell B. Trotter
  Name:  Mitchell B. Trotter
  Title: Chief Financial Officer

 

3

 

Exhibit 99.1

 

EON Resources Inc. Announces

 

Notice of Failure to Satisfy a Continued Listing Rule or Standard

 

HOUSTON, TX / April 22, 2026 / EON Resources Inc. (NYSE American: EONR) (“EON” or the “Company”) is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company announced that on April 16, 2026, the Company received a notice (the "NYSE Notice") from the NYSE American LLC (the "NYSE American") that the Company is not in compliance with NYSE American listing standards as a result of its failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the "Form 10-K") with the Securities and Exchange Commission (the "SEC").

 

The NYSE Notice has no immediate effect on the listing of the Company's Class A Common Stock (NYSE American: EONR) or the Company's public warrants (NYSE American: EONR WS) on the NYSE American. The NYSE Notice informed the Company that, under NYSE American rules, the Company has six months from April 15, 2026, to regain compliance with the NYSE American listing standards by filing the Form 10-K with the SEC. If the Company fails to file the Form 10-K within the six-month period, the NYSE American may grant, in its sole discretion, an extension of up to six additional months for the Company to regain compliance, depending on the specific circumstances. The NYSE Notice also notes that the NYSE American may nevertheless commence delisting proceedings at any time if it deems that the circumstances warrant.

 

As previously reported in the Company's Notification of Late Filing on Form 12b-25 filed with the SEC on April 1, 2026 (the "Form 12b-25"), the Company was unable to file the Form 10-K within the prescribed period because additional time, resources and effort are required to complete work related to its financial reporting and close procedures. Subsequent to filing the Form 12b-25, the Company continued to dedicate significant resources to the completion of such procedures but was unable to file the Form 10-K by April 15, 2026, the end of the extension period provided by the Form 12b-25. The Company requires additional time to complete such procedures.

 

The Company is working diligently to complete the necessary work to file the Form 10-K as soon as practicable and currently expects to file the Form 10-K within the six-month period granted by the NYSE Notice; however, there can be no assurance that the Form 10-K will be filed within such period.

 

About EON Resources Inc.

 

EON is an independent upstream energy company focused on maximizing total returns to its shareholders through the development of onshore oil and natural gas properties in a diversified portfolio of long-life producing oil and natural gas properties and other energy holdings.  EON’s approach is to build an energy company through acquisition and through selective development of its properties.  Class A Common Stock of EON trades on the NYSE American Stock Exchange under the symbol of “EONR” and the Company’s public warrants trade under the symbol of “EONR WS”.  For more information on the Company, please visit the EON website.

 

About the Grayburg-Jackson Field Property

 

Our Grayburg-Jackson Field (“GJF”) is located on the Northwest Shelf of the Permian Basin in Eddy County, New Mexico.  The GJF comprises of 13,700 contiguous leasehold acres where the leasehold rights include stacked pay zones named the Seven Rivers, Queen, Grayburg and San Andres intervals that range from as shallow as 1,500 feet to 4,000 feet in depth.  Almost 1 billion barrels in place has been estimated as the original oil in place with less than 7% having been produced to date. The field primarily produces oil from the Seven Rivers formation by reinjecting produced water. The Company has a Farmout Agreement for the San Andres formation with Virtus to accelerate development starting in June 2026 by drilling 92 new horizontal wells over the next 4 to 5 years. More information on the property can be located on the Grayburg-Jackson Field page of our website.

 

About the South Justis Field Property

 

The South Justis Field (“SJF”) is a carbonate reservoir, also in the prolific Permian Field, and is located in Lea County, New Mexico approximately 100 miles from the GJF.  The SJF is comprised of 5,360 contiguous acres containing 208 total producing and injection wells with well spacing of 50 acres.  The producing formations include the Glorietta, Blinebry, Tubb, Drinkard and Fusselman intervals that range from 5,000 feet to 7,000 feet in depth.  The original-oil-in-place (“OOIP”) is approximately 207 million barrels of oil. Like the GJF, the SJF is also employing a waterflood by recycling produced water.  More information on the property can be located on the South Justis Field page of our website.

 

 

 

Forward-Looking Statements

 

This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to differ materially from what is expected. Words such as "expects," "believes," "anticipates," "intends," "estimates," "seeks," "may," "might," "plan," "possible," "should" and variations and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements relate to future events or future results, based on currently available information and reflect the Company's management's current beliefs. A number of factors could cause actual events or results to differ materially from the events and results discussed in the forward-looking statements. Important factors - including the availability of funds, the results of financing efforts and the risks relating to our business - that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on EDGAR (see www.edgar-online.com) and with the Securities and Exchange Commission (see www.sec.gov). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

 

Investor Relations

 

Michael J. Porter, President

PORTER, LEVAY & ROSE, INC.

mike@plrinvest.com

 

 

FAQ

Why did EON Resources (EONR) receive a noncompliance notice from NYSE American?

EON Resources received the notice because it failed to timely file its Form 10-K for the year ended December 31, 2025. The exchange’s rules require timely annual reports, and missing that deadline triggers a continued listing standards deficiency.

How long does EON Resources (EONR) have to regain NYSE American listing compliance?

The company has until October 15, 2026 to file its 2025 Form 10-K and regain compliance. NYSE American may also grant, at its discretion, an additional six-month extension depending on the company’s specific circumstances and progress.

Does the NYSE American notice immediately affect trading of EON Resources (EONR) stock and warrants?

The notice has no immediate effect on the listing of EON Resources’ Class A common stock or its public warrants on NYSE American. However, the exchange may commence delisting proceedings later if filing deadlines are still not met or circumstances change.

What reason does EON Resources (EONR) give for delaying its 2025 Form 10-K filing?

EON Resources says it needs more time, resources, and effort to complete work related to financial reporting and closing procedures for its 2025 fiscal year. The company reports dedicating significant resources but has not yet finished those processes.

What are the key operational assets of EON Resources (EONR) mentioned in the disclosure?

EON Resources is an upstream energy company with 20,000 leasehold acres in the Permian Basin and about 750 producing and injection wells. These wells produce over 1,000 barrels of oil per day across long-life oil and natural gas properties.

What development plans does EON Resources (EONR) highlight for its Grayburg-Jackson Field?

At Grayburg-Jackson Field, covering 13,700 acres, EON cites an estimated original oil in place of almost 1 billion barrels. Less than 7% has been produced, and a Farmout Agreement calls for drilling 92 new horizontal wells over the next 4 to 5 years.

Filing Exhibits & Attachments

5 documents