Centennial Resource Development, Inc. Announces Pricing of Secondary Public Offering of Class A Common Stock
Centennial Resource Development, Inc. - Class A (CDEV)
Last centennial resource development, inc. - class a earnings: 2/24 04:14 pm
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US:NASDAQ Investor Relations:
ir.cdevinc.com
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Source: GlobeNewswire
DENVER, March 06, 2018 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ:CDEV) today announced the pricing of an underwritten public offering of an aggregate of 25,000,000 shares of Class A common stock by Riverstone VI Centennial QB Holdings, L.P. (14,758,369 shares), REL US Centennial Holdings, LLC (4,362,317 shares), Riverstone Non-ECI USRPI AIV, L.P. (1,071,891 shares), Silver Run Sponsor, LLC (1,312,840 shares), Celero Energy Company, LP (752,315 shares), Centennial Resource Development, LLC (2,128,462 shares), NGP Centennial Follow-On LLC (466,870 shares) and CP VI-A Centennial, L.P. (146,936 shares) (collectively, the “selling stockholders”). Certain of the selling stockholders have also granted the underwriter a 30-day option to purchase up to an aggregate of 3,750,000 additional shares of Class A common stock. The underwriter intends to offer the shares from time to time for sale in one or more transactions on The NASDAQ C
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