Empire Petroleum Amends Form S-3 Registration To Cut Shelf Offering Capacity From $350M To $120M
EMPIRE PETROLEUM CORPORATION$120,000,000Debt SecuritiesCommon StockPreferred StockDepositary SharesWarrantsSubscription RightsPurchase ContractsUnitsGuarantees of Non-Convertible Debt SecuritiesWe may offer from time to
Empire Petroleum reduced its ability to raise money from $350 million to $120 million. This suggests the company may need less cash right now or faces tighter conditions.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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