Evolution Petroleum launches underwritten public offering of common stock
Reuters2026/08/18 20:05- Evolution Petroleum commenced an underwritten public offering of common stock.
- Underwriters to receive a 30-day option to buy additional shares, net of discounts and commissions.
- Proceeds earmarked to help fund a Permian Basin mineral and royalty acquisition.
- Remaining funds slated for general corporate purposes, including potential repayment of senior secured credit facility borrowings.
- Roth Capital Partners acting as sole book-running manager.
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