Business News • MarketWire • Jagged Peak Energy Inc. Prices Initial Public Offering |
Jagged Peak Energy Inc. Prices Initial Public Offering |
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Jagged Peak Energy Inc. Prices Initial Public Offering
DENVER, CO--(Marketwired - January 26, 2017) - Jagged Peak Energy Inc. (NYSE: JAG) ("Jagged Peak") announced today the pricing of its initial public offering of 31,599,334 shares of its common stock at $15.00 per share. Jagged Peak is offering 28,333,334 shares of its common stock and the selling stockholders named in the registration statement on Form S-1 filed previously with the Securities and Exchange Commission (the "SEC") are offering 3,266,000 shares of Jagged Peak's common stock. The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol "JAG" on January 27, 2017. In addition, Q-Jagged Peak Energy Investment Partners, LLC, one of the selling stockholders and an affiliate of Quantum Energy Partners, has granted the underwriters a 30-day option to purchase up to an additional 4,739,900 shares of Jagged Peak's common stock at the initial public offering price, less underwriting discounts and commissions. The offering is expected to close on February 1, 2017, subject to customary closing conditions.
View More : http://www.marketwired.com/mw/release.do?id=2191537&sourceType=3
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