HighPeak Energy Prices 12.9M Share Offering At $10.50/Share
Portfolio Pulse from Benzinga Newsdesk
HighPeak Energy has priced its 12.9 million share offering at $10.50 per share.
July 19, 2023 | 12:12 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
HighPeak Energy's share offering could potentially dilute existing shareholders' equity.
HighPeak Energy's decision to offer 12.9 million shares at $10.50 per share could dilute the equity of existing shareholders, potentially leading to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100