The deal size was increased to 2.2M shares of common stock from 1.7M shares of common stock and priced at the bottom of the $27.50-$28.00 range. Citi and Mizuho acted as joint book running managers for the offering.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on SBOW:
- SilverBow Resources price target lowered to $50 from $55 at Truist
- SilverBow Resources shareholder Riposte Capital issues letter to shareholders
- SilverBow Resources price target lowered to $55 from $59 at Truist
- SilverBow Resources sees Q4 output 353-375 MMcfe/d
- SilverBow Resources reports Q3 EPS (21c) vs. $6.29 last year