Granite Ridge Resource (GRNT) Prices 7.1M Share Secondary Offering at $5/sh
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Granite Ridge Resources, Inc. Announces Pricing of Secondary Public Offering of Common Stock
September 12, 2023 7:27 PM EDTDALLAS--(BUSINESS WIRE)-- Granite Ridge Resources, Inc. (Granite Ridge or the Company) (NYSE: GRNT), a scaled, non-operated oil & gas exploration and production company, today announced the pricing of the previously announced underwritten registered secondary offering by certain funds managed by Grey Rock Energy Management, LLC (the Selling Shareholders) of 7,100,000 shares of its common stock, par value $0.0001 per share (the common stock), at a price to the public of $5.00 per share. The offering is expected to close on September 15, 2023, subject to the satisfaction of customary closing conditions. The underwriters will have a 30-day option to purchase up to... More
