other material
confidence high
sentiment neutral
materiality 0.75
Hallador Energy raises ~$53.6M net in public offering; terminates prior ATM program
HALLADOR ENERGY CO
- Terminated ATM Sales Agreement with B. Riley Securities effective Jan 18, 2026; no penalties.
- Priced public offering of 2,777,778 shares at $18.00/share; gross proceeds ~$50M.
- Underwriters exercised 30-day option for 416,666 additional shares; total net proceeds ~$53.6M.
- Offering closed Jan 15, 2026; proceeds for general corporate purposes including new natural gas facility.
- Texas Capital Securities acted as sole bookrunner; Northland Capital Markets and A.G.P. as co-managers.