Gtx Corp. (TXO) Commences 5M Unit Offering

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Go back to Gtx Corp. (TXO) Commences 5M Unit Offering

TXO Partners, L.P. Announces Commencement of Underwritten Public Offering

June 25, 2024 4:17 PM EDT

FORT WORTH, Texas--(BUSINESS WIRE)-- TXO Partners, L.P. (NYSE: TXO) (TXO) today announced, subject to market and other conditions, the commencement of an underwritten public offering of 5,000,000 common units representing limited partner interests in TXO (the common units). TXO expects to grant the underwriters a 30 day option to purchase up to an additional 750,000 common units at the public offering price, less underwriting discounts and commissions. TXO intends to use the net proceeds from this offering, if consummated, to fund a portion of the cash consideration for the previously announced asset acquisitions from Eagle... More