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StealthGas Inc announces public offering of common stock


Monday, 9 Dec 2013 04:22pm EST 

StealthGas Inc:Says an underwritten public offering of 10,000,000 shares of its common stock pursuant to the company's effective shelf registration statement filed with the Securities and Exchange Commission.Says in connection with the offering, the company intends to grant the underwriters a 30-day option to purchase up to 1,500,000 additional shares of its common stock.Says the company intends to use the net proceeds of the offering for vessel acquisitions, capital expenditures and other general corporate purposes.Says Wells Fargo Securities, Deutsche Bank Securities and Jefferies are acting as joint book-running managers for this offering. 

Company Quote

10.9
-0.03 -0.27%
24 Jul 2014