Ring Energy, Inc. Announces Common Stock Offering

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Go back to Ring Energy, Inc. Announces Common Stock Offering

Ring Energy (REI) Prices 10M Common Stock Offering at $5.60/Share

April 21, 2016 8:37 AM EDT

Ring Energy, Inc. (NYSE: REI) (announced that it has priced an underwritten public offering of 10,000,000 shares of its common stock to the public at $5.60 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock from the Company at the offering price (less the underwriting discounts and commissions). The Company expects to close the sale of the shares of common stock... More