Empire Petroleum Issues Correction for Previously Announced Proposed Rights Offering
Empire Petroleum Corporation (EP)
Company Research
Source: Business Wire
TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today a correction to its prior announcement regarding its subscription rights offering (“Rights Offering”) with a record date of the close of business on March 7, 2024 (the “Record Date”) pursuant to which it intends to raise gross proceeds of up to approximately $25 million. The initial release indicated that each subscription right entitled the holder to purchase 4,132,232 shares at the subscription price of $6.05. It should have indicated that the Company is offering holders the right to purchase an aggregate of 4,132,232 shares of Common Stock upon exercise of the subscription rights at a subscription price of $6.05 per share.This press release should be read in conjunction with the initial press release. These corrections do not change any other i
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News
- Empire Petroleum Announces Full Subscription of Rights Offering [Yahoo! Finance]Yahoo! Finance
- Empire Petroleum Announces Full Subscription of Rights OfferingBusiness Wire
- Empire Petroleum Announces Results for Fourth Quarter and Full Year 2023 [Yahoo! Finance]Yahoo! Finance
- Empire Petroleum Announces Results for Fourth Quarter and Full Year 2023Business Wire
- Empire Petroleum Announces Modification of Terms of Previously Announced Rights OfferingBusiness Wire
EP
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form 4
- 4/29/24 - Form DEF
- EP's page on the SEC website