SilverBow coffers,Inc.( NYSE SBOW)( “ SilverBow ” or the “ Company ”) moment blazoned that an chapter of Strategic Value mates, LLC( the “ Dealing Stockholder ”) intends to offer for trade shares of the Company’s common stock in an underwritten public immolation( the “ Offering ”). The Selling Stockholder intends to grant the backers a 30- day option to buy up to an fresh 255,000 shares.
The Offering consists entirely of secondary shares to be vended by the Selling Stockholder. The Selling Stockholder will admit all of the net proceeds from the Offering. SilverBow isn’t offering any shares of common stock in the Offering and won’t admit any proceeds from the trade of shares in the Offering.
Citigroup and Mizuho are acting as common book- running directors for the Offering. The backers may offer the shares from time to time for trade in one or further deals on the NYSE, 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, subject to their right to reject any order in whole or in part.
The Offering will be made only by means of a prospectus supplement and the coexisting base prospectus, which were filed as part of an effective shelf enrollment statement filed with the Securities and Exchange Commission( “ SEC ”) on Form S- 3. 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 reaching Citigroup, c/ o Broadridge Financial results, 1155 Long Island Avenue, Edgewood, NY 11717( Tel800-831-9146); or Mizuho Securities USA LLC, AttentionU.S. ECM office, 1271 Avenue of the Americas, New York, NY 10020, by telephone at(212)205-7602 or by dispatch [email protected].
This press release doesn’t 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.
