Epsilon Energy enters ATM agreement to offer up to $15M shares
Epsilon Energy entered an ATM agreement with Roth Capital Partners to offer up to $15 million of common shares, as per a SEC filing. The company plans to use proceeds for general corporate purposes.
*this image is generated using AI for illustrative purposes only.
Epsilon Energy entered an at-the-market (ATM) agreement with Roth Capital Partners to offer up to $15 million of its common shares. The agreement provides the company with the flexibility to sell shares into the market from time to time at prevailing market prices.
Transaction Details
The ATM agreement enables Epsilon Energy to access the public capital markets efficiently. Roth Capital Partners will act as the sales agent for the offering.
| Particulars | Details |
|---|---|
| Sales Agent | Roth Capital Partners |
| Maximum Offering Amount | $15 million |
| Security Type | Common Shares |
The company intends to use the net proceeds from the sale of the shares for general corporate purposes, which may include working capital, capital expenditures, or potential acquisitions. The actual timing, amount, and price of any sales under the ATM agreement will be at the discretion of the company.
How will the issuance of additional shares under the ATM agreement impact Epsilon Energy's existing shareholders in terms of dilution?
What specific acquisitions or capital expenditures is Epsilon Energy considering with the potential proceeds from this offering?
How might the timing of share sales under the ATM agreement affect Epsilon Energy's stock price in the near term?
20
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
