Imperial Petroleum Inc. (IMPP) Prices 8.5M Unit Offering at $2/unit

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/8/2026

1. LEVI
2. APLD
3. STZ
4. DVN
5. CRGY
6. ZETA
7. ARGX
8. SPY
9. RMR
10. PEP

Go back to Imperial Petroleum Inc. (IMPP) Prices 8.5M Unit Offering at $2/unit

Imperial Petroleum Inc. Announces Pricing of Approximately $17.0 Million Registered Direct Offering

August 11, 2023 8:30 AM EDT

ATHENS, Greece, Aug. 11, 2023 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the Company), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today that it has entered into securities purchase agreements with institutional investors to purchase approximately $17.0 million of its units in a registered direct offering at a price of $2.00 per unit. Each unit will consist of one share of common stock (or one pre-funded warrant in lieu thereof) and one warrant to purchase one share of common stock and will immediately separate upon issuance The warrants will be immediately exercisable,... More