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0 0 0.00255661066471878 0.000730460189919634 0.0182615047479912 0.0131482834185537 0.0131482834185537 0.0244704163623082
Stock impact report

BKV Corporation Announces Launch of Public Offering of Common Stock [Yahoo! Finance]

BKV Corporation (BKV) 
Company Research Source: Yahoo! Finance
public offering of 9,692,089 shares of its common stock (the "Offering"), which includes 5,550,000 shares being offered by the Company and 4,142,089 shares being offered by Bedrock Energy Partners, LLC (the "selling stockholder"). BKV expects to grant the underwriter a 30-day option to purchase up to an additional 1,453,813 shares of BKV common stock on the same terms and conditions. BKV intends to use the net proceeds from the Offering for general corporate purposes, including working capital, operating expenses and capital expenditures. The Company will not receive any of the proceeds from the sale of the shares of common stock by the selling stockholder. RBC Capital Markets, LLC is acting as the sole underwriter for the Offering. The underwriter may offer the shares of BKV's common stock from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing a Show less Read more
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