Cubic Energy (QBC) Files S-3 to sell up to 3.1M in Stock Offering
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Cubic Energy Inc. (NYSE: QBC) filed an S-3 today to sell up to 2,104,001 shares of common stock on behalf of selling shareholders, with an additional 1,052,000 available upon exercising warrants, for a total of 3,156,001.
Proceeds from the sale are estimated to be about $2,808,840.
Proposed maximum offering price is $0.89 per share.
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