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AMPY - Amplify Energy News Story

$3.04 -0.3  -8.4%

Last Trade - 25/02/21

Sector
Energy
Size
Small Cap
Market Cap £88.4m
Enterprise Value £270.2m
Revenue £158.4m
Position in Universe 4866th / 6713

BUZZ-Amplify Energy Corp: Slumps on $9.8 mln discounted offering

Fri 11th December, 2020 2:07pm
** Shares of oil and gas producer  AMPY.N  slump 18.6% t0
$1.22 premarket 
    ** Company announces public offering of 8.54 mln shares at
$1.15 apiece, representing a 23.3% discount to stock's last
close
    ** AMPY looks to raise about $9.8 mln in proceeds
 urn:newsml:reuters.com:*:nGNX1crQt8
    ** Offer, which is expected to close on Dec. 15, is nearly
22.7% of co's current outstanding shares 
    ** Roth Capital Partners is the sole manager for the
offering
    ** AMPY shares down 77.31% this year, as of Thursday's close

 (Reporting by Lasya Priya M in Bengaluru)
 ((LasyaPriya.M@thomsonreuters.com;))
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