Crescent Energy Company Commences $1B Class A Common Stock Offering
Crescent Energy Company ("Crescent" or the "Company") (NYSE:CRGY) today announced the commencement of an underwritten public offering of $1,000,000,000 of its Class A common stock, par value $0.0001 per
Crescent Energy is selling one billion dollars of new stock to raise cash. When a company does this, watch if the stock price drops from the new shares flooding the market.
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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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