other material
confidence high
sentiment neutral
materiality 0.60
Gulfport Energy announces secondary offering of 1.3M shares and concurrent repurchase of 263k shares
GULFPORT ENERGY CORP
- Selling stockholders offered 1,300,000 shares at $95.00; underwriters exercised overallotment for 195,000 additional shares.
- Company did not sell any shares and received no proceeds from the offering.
- Company concurrently repurchased 263,158 shares from certain selling stockholders at $95.00 per share.
- Offering, overallotment, and repurchase closed on June 26, 2023; underwriting agreement filed as Exhibit 1.1.