Mach Natural Resources LP Announces Exercise of Over-Allotment Option
24 Settembre 2024 - 10:05PM
Business Wire
Mach Natural Resources LP (NYSE: MNR) (“Mach” or the “Company”)
announced today that the underwriters of its previously announced
public offering of 7,272,728 common units representing limited
partner interests in Mach (the “common units”) have partially
exercised their option to purchase an additional 1,018,465 common
units at a price to the public of $16.50 per common unit, less
underwriting discounts and commissions (the “Option”). The Option
closed on September 24, 2024.
Mach intends to use the net proceeds to fund pending
acquisitions and for general partnership purposes, which may
include future acquisitions.
Raymond James & Associates, Inc., Stifel, Nicolaus &
Company, Incorporated and Truist Securities, Inc. are acting as
joint book-running managers for the offering. Johnson Rice &
Company L.L.C. and Stephens Inc. are serving as co-managers for the
offering. The offering of these securities is being made only by
means of a prospectus meeting the requirements of Section 10 of the
Securities Act of 1933, as amended. A copy of the final prospectus
may be obtained from any of the following sources:
Raymond James & Associates, Inc.
Attention: Syndicate
Stifel, Nicolaus & Company,
Incorporated
Attention: Syndicate Department
Truist Securities, Inc
Attention: Equity Capital Markets
880 Carillon Parkway
1 South Street, 15th Floor
3333 Peachtree Road NE, 9th Floor
St. Petersburg, Florida 33716
Baltimore, MD 21202
Atlanta, GA 30326
Telephone: (800) 248-8863
Telephone: (855) 300-7136
Telephone: (800) 685-4786
Email: prospectus@raymondjames.com
Email: syndprospectus@stifel.com
Email:
truistsecurities.prospectus@truist.com
Important Information
A registration statement relating to these securities has been
filed with, and declared effective by, the Securities and Exchange
Commission (the “SEC”) on September 6, 2024. This press release
does not constitute an offer to sell or the solicitation of an
offer to buy securities, and shall not constitute an offer,
solicitation or sale in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of that jurisdiction.
About Mach Natural Resources LP
Mach Natural Resources LP is an independent upstream oil and gas
Company focused on the acquisition, development and production of
oil, natural gas and NGL reserves in the Anadarko Basin region of
Western Oklahoma, Southern Kansas and the panhandle of Texas.
Cautionary Note Regarding Forward-Looking Statements
This release contains statements that express Mach’s opinions,
expectations, beliefs, plans, objectives, assumptions or
projections regarding future events or future results, in contrast
with statements that reflect historical facts. All statements,
other than statements of historical fact included in this release
regarding our strategy, future operations, prospects, plans and
objectives of management are forward-looking statements. When used
in this release, words such as “may,” “assume,” “forecast,”
“could,” “should,” “will,” “plan,” “believe,” “anticipate,”
“intend,” “estimate,” “expect,” “project,” “budget” and similar
expressions are used to identify forward-looking statements,
although not all forward-looking statements contain such
identifying words. These forward-looking statements are based on
management’s current belief, based on currently available
information as to the outcome and timing of future events at the
time such statement was made. Such statements are subject to a
number of assumptions, risk and uncertainties, many of which are
beyond the control of Mach, including prevailing market conditions
and other factors. Please read Mach’s filings with the SEC,
including “Risk Factors” in Mach’s Annual Report on Form 10-K,
which is on file with the SEC, for a discussion of risks and
uncertainties that could cause actual results to differ from those
in such forward-looking statements.
As a result, these forward-looking statements are not a
guarantee of our performance, and you should not place undue
reliance on such statements. Any forward-looking statement speaks
only as of the date on which such statement is made, and Mach
undertakes no obligation to correct or update any forward-looking
statement, whether as a result of new information, future events or
otherwise.
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Mach Natural Resources LP Investor Relations Contact:
ir@machnr.com
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