Text Size:
A | A

Approach Resources Pitches Common Stock Offering

Text Size: A | A
 
September 20, 2012

Approach Resources Inc. (AREX) announced that it has priced its previously announced underwritten public offering of 5,000,000 shares of common stock at a price to the public of $30.50 per share.

The company has granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock. The company expects to issue and deliver the shares on Sept. 25, 2012, subject to customary closing conditions. The offering is being made pursuant to an effective registration statement filed with the Securities and Exchange Commission.

The company intends ...


Already a subscriber? Log In
Password:
 
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription