Imperial Petroleum Inc. (IMPP) Prices 8.5M Unit Offering at $2/unit
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Imperial Petroleum Inc. Announces Pricing of Approximately $17.0 Million Registered Direct Offering
August 11, 2023 8:30 AM EDTATHENS, 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

