other material
confidence high
sentiment neutral
materiality 0.60
Granite Ridge announces secondary offering of 7.1M shares by Grey Rock Energy funds
Granite Ridge Resources, Inc.
- Secondary offering of 7,100,000 common shares by funds managed by Grey Rock Energy Management, LLC.
- Underwriters have 30-day option to purchase up to an additional 1,065,000 shares from selling shareholders.
- Granite Ridge will not sell any shares and will not receive any proceeds from the offering.
- Joint book-running managers: BofA Securities, Evercore ISI, Capital One Securities, Stephens Inc.
- Offering under effective S-1 registration statement; preliminary prospectus supplement filed with SEC.