Ring Energy launches $60 million common stock offering
Ring Energy, Inc.
Ring Energy, Inc. REI | 0.00 |
- Ring Energy launched an underwritten public offering of USD 60 million of common stock, with underwriters holding a 30-day option to buy up to an additional USD 9 million of shares.
- Net proceeds earmarked for repayment of borrowings under senior secured revolving credit facility, with any remainder for general corporate purposes.
- Mizuho, BofA Securities, Raymond James named joint book-running managers.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ring Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605121612PRIMZONEFULLFEED9718845) on May 12, 2026, and is solely responsible for the information contained therein.
