Market Overview

Prospect Global Announces Public Offering of Units

Prospect Global Resources (NASDAQ: PGRX) announced today that it
intends to conduct an underwritten public offering of units, each
consisting of one share of common stock, one series A warrant
exercisable into common stock, and one series B warrant exercisable into
common stock and additional series A warrants. The offering is subject
to market and other conditions, and there can be no assurance as to
whether or when the offering may be completed, or as to the actual size
or terms of the offering.

Roth Capital Partners, LLC is acting as the sole manager for the
offering.

The offering will be conducted via an existing effective shelf
registration

See full press release

Posted-In: News Guidance Asset Sales Management

 

Related Articles (PGRX)

Around the Web, We're Loving...

Get Benzinga's Newsletters