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Provider: Thomson Reuters Stock Report
Provider: Stock Traders Daily
Provider: New Constructs, LLC
Provider: Wright Reports

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Resolute Energy Corp Announces Closing Of Common Stock Offering

Tuesday, 14 May 2013 10:10am EDT 

Resolute Energy Corp announced that it has closed its previously announced registered underwritten public offering of 13,250,000 shares of common stock. Certain selling stockholders also closed on the offering of an additional 5,437,500 shares (including 2,437,500 shares of common stock sold pursuant to the over-allotment option which was exercised by the underwriters). All shares of common stock were sold to the public at an offering price of $8.00 per share. The resulting net proceeds to the Company, after deducting underwriting discounts and commissions, were approximately $101.8 million. The Company intends to use its portion of the net proceeds from the offering to repay outstanding borrowings under its revolving credit facility. 

Company Quote

0.09 +7.38%
19 Dec 2014