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Stock impact report

Berry Petroleum Corporation Announces Closing of Initial Public Offering

Berry Corporation (bry) (BRY) 
Last berry corporation (bry) earnings: 2/26 09:07 pm Check Earnings Report
Company Research Source: GlobeNewswire
BAKERSFIELD, Calif., July 30, 2018 (GLOBE NEWSWIRE) -- Berry Petroleum Corporation (NASDAQ: BRY) (“Berry”) announced the closing of its initial public offering of 10,497,849 shares of common stock sold by Berry and 2,545,630 shares of common stock sold by the selling stockholders named in the registration statement on Form S-1 (the “Registration Statement”) at $14.00 per share. Berry used a portion of the proceeds it received from the offering to purchase an aggregate of 1,802,196 shares of its common stock owned by funds affiliated with Benefit Street Partners and Oaktree Capital Management. As a result of the offering and the share repurchase, the number of shares of common stock outstanding increased by 8,695,653. The shares began trading on the Nasdaq Global Select Market under the symbol “BRY” on July 26, 2018. In addition, Berry and the selling stockholders named in the Registration Statement have granted the underwriters of the offering a 30-day option to purchase up to an a Show less Read more
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