Gulfport Energy Corporation( NYSE GPOR)( “ Gulfport ” or the “ Company ”) moment blazoned the proposed underwritten block trade( the “ Offering ”) of 653,464 shares of its common stock by certain accounts managed and advised by Silver Point Capital,L.P. and MacKay Shields LLC( the “ Selling Stockholders ”). The shares of common stock will be offered from time to time for trade in one or further deals on the New York Stock Exchange, in the untoward request, through negotiated deals or else at request prices prevailing at the time of trade, at prices related to prevailing request prices or at negotiated prices. Gulfport won’t vend any shares of its common stock in the Offering and won’t admit any proceeds from the trade of the shares being offered by the Selling Stockholders. The Offering is subject to request and other conditions, and there can be no assurance as to whether or when the Offering may be completed.
Morgan is acting as the sole book- running director for the Offering. The Offering will be made only by means of a prospectus supplement and the coexisting base prospectus, which was filed as part of an effective shelf enrollment statement filed with the Securities and Exchange Commission( the “ SEC ”) on Form S- 3( trainNo.333-264674). clones of the primary prospectus supplement and coexisting base prospectus relating to the Offering, as well as clones of the final prospectus supplement formerly available, may be attained on the SEC’s website atwww.sec.gov or by reachingJ.P. Morgan Securities LLC, c/ o Broadridge Financial results, at 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at(866)803-9204, or by dispatch [email protected].
This press release shall not constitute an offer to vend, a supplication to buy or an offer to buy or vend any securities, nor shall there be any trade of these securities in any state or governance in which similar offer, supplication or trade would be unlawful previous to enrollment or qualification under the securities laws of any similar state or governance.
About Gulfport
Gulfport is an independent natural gas- ladened disquisition and product company concentrated on the disquisition, accession and product of natural gas, crude oil painting and NGL in the United States with primary focus in the Appalachia and Anadarko basins. Our top parcels are located in eastern Ohio targeting the Utica and Marcellus conformations and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer conformations.
Forward- Looking Statements
This press release includes “ forward- looking statements ” for purposes of the safe harbor vittles of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward- looking statements are statements other than statements of literal fact. They include statements regarding the Offering, including the completion thereof. Although Gulfport believes the prospects and vaticinations reflected in the forward- looking statements are reasonable, Gulfport can give no assurance they will prove to have been correct. They can be affected by inaccurate or changed hypotheticals or by known or unknown pitfalls and misgivings. Important pitfalls, hypotheticals and other important factors that could beget unborn results to differ materially from those expressed in the forward- looking statements are described under “ threat Factors ” in Item 1A of Gulfport’s periodic report on Form 10- K for the time ended December 31, 2022 and any updates to those factors set forth in Gulfport’s posterior daily reports on Form 10- Q or current reports on Form 8-K. Gulfport undertakes no obligation to release intimately any variations to any forward- looking statements, to report events or to report the circumstance of unexpected events.
