Ring Energy Announces Pricing of Public Offering of Common Stock
Ring Energy priced a public offering of 44,444,445 shares of common stock at $1.35 per share, a 12% discount to the prior close of $1.53. The gross proceeds from the offering are expected to be approximately $60 million, before deducting underwriting discounts and commissions.
Key figures
- Deal Value Usd
- 60000000
- Offering Price
- 1.35
- Shares Offered
- 44444445
AI analysis
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