Ring Energy prices 44,444,445-share follow-on offering at $1.35 per share

Ring Energy, Inc.

Ring Energy, Inc.

REI

0.00
  • Ring Energy priced underwritten public offering of 44,444,445 common shares at USD 1.35 per share.
  • Gross proceeds expected at about USD 60 million, excluding any exercise of 30-day option for underwriters to buy up to 6,666,666 additional shares.
  • Offering expected to close on or about May 14, 2026.
  • Net proceeds earmarked for repayment of borrowings under senior secured revolving credit facility, with any remainder for general corporate purposes.


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: 202605122121PRIMZONEFULLFEED9719117) on May 13, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.