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Home›News›StealthGas Inc. Announces Pricing of Follow-On Public Offering
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July 17, 2007 · about 19 years ago

StealthGas Inc. Announces Pricing of Follow-On Public Offering

StealthGas Inc. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that its follow-on public offering of 7,200,000 shares of common stock, representing an increase of 1,200,000 shares from the originally prop

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StealthGas Inc. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that its follow-on public offering of 7,200,000 shares of common stock, representing an increase of 1,200,000 shares from the originally proposed offering size, was priced at $18.00 per share. In addition, the Company has also granted the underwriters a 30-day option to purchase up to an additional 1,080,000 shares of common stock to cover over-allotments, if any.

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