Stephens Inc.
DALLAS, Feb. 7, 2012 /PRNewswire/ -- Matador Resources Company ("Matador") announced today that it has completed its initial public offering of 13,333,334 shares of its common stock at $12.00 per share. A total of 11,666,667 shares of common stock were sold by Matador and 1,666,667 shares of common stock were sold by certain named selling shareholders. The underwriters also have an option until March 2, 2012 to purchase up to an additional 700,000 shares from Matador and up to an additional 1,300,000 shares from the selling shareholders to cover over-allotments, if any. Net proceeds received by Matador from the initial public offering were approximately $127.6 million after deducting underwriting discounts and commissions and estimated offering expenses. Matador intends to use ...
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