Empire Petroleum Announces Full Subscription of 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 that its previously announced rights offering (the “Rights Offering”) was fully subscribed. The subscription period for the Rights Offering expired at 5:00 p.m., New York City time, on October 24, 2024.The Company received subscriptions for more than 100% of the shares available in the Rights Offering. Accordingly, stockholders will receive their basic subscription rights. However, since there are not enough shares to satisfy all oversubscriptions, remaining shares will be allocated pro-rata, after eliminating all fractional shares, among oversubscribing stockholders.As previously indicated, our largest stockholders Phil E. Mulacek, Chairman of the Board of the Company, and Energy Evolution Master Fund, Ltd., a Cayman Islands exempted company and
Show less
Read more
Impact Snapshot
Event Time:
EP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EP alerts
High impacting Empire Petroleum Corporation news events
Weekly update
A roundup of the hottest topics
EP
News
- Empire Petroleum Announces Extension of Previously Announced Rights OfferingBusiness Wire
- Empire Petroleum Announces Commencement of Previously Announced Rights OfferingBusiness Wire
- Empire Petroleum Announces Record Date for Proposed Rights OfferingBusiness Wire
- Newman Ferrara LLP Announces Corporate Governance Investigation of Empire Petroleum Corporation – EPBusiness Wire
- Empire Petroleum Reports Q2 2024 Results and Provides an Update for North Dakota Drilling Program [Yahoo! Finance]Yahoo! Finance
EP
Sec Filings
- 10/28/24 - Form 8-K
- 10/10/24 - Form 424B5
- 10/1/24 - Form 8-K
- EP's page on the SEC website