secwatch.observer — SEC 8-K summary
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Issuer:     Riley Exploration Permian, Inc. (REPX)
CIK:        0001001614
Form:       8-K
Filed at:   2024-04-03T23:59:59+00:00
Accession:  0001140361-24-017675
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riley Permian launches public offering of 2.1M shares; proceeds to fund pending NM acquisition
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- 2.1M share offering (700k primary, 1.4M secondary); underwriters have 30-day option for 315k more.
- Company expects net proceeds for general corporate purposes, including pending acquisition of ~12,500 net acres in Eddy County, NM for cash, expected close May 2024.
- Selling stockholders receive no proceeds; Company bears costs except underwriting discounts.
- Truist Securities and Roth Capital Partners are joint book-running managers; Janney Montgomery Scott and Tuohy Brothers are co-managers.
- Offering subject to market conditions; no assurance of completion or terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001614/000114036124017675/0001140361-24-017675-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001614/000114036124017675/ef20025958_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-017675

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer