Pyxis Tankers Announces Pricing of Public Offering of Series A

Source: www.gulfoilandgas.com 7/14/2021, Location: Europe

Pyxis Tankers Inc., an international pure play product tanker company, announced the pricing of an underwritten public offering (the “Offering”) of 308,487 shares of 7.75% Series A Cumulative Convertible Preferred Shares (the “Preferred Shares”) at a public offering price of $20.00 per share.

Pyxis Tankers expects to receive gross proceeds of approximately $6.17 million from the Offering, prior to deducting underwriting discounts and estimated offering expenses. The Company intends to use the net proceeds from the Offering for general corporate purposes, including working capital and potential vessel acquisitions.

The Offering is expected to close on July 16, 2021, subject to the satisfaction of customary closing conditions.

ThinkEquity, a division of Fordham Financial Management, Inc., is acting as sole book-running manager for the Offering.

The securities described above are being offered by Pyxis Tankers pursuant to a shelf registration statement on Form F-3 (File No. 333-256167) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (the “SEC”).


Cameroon >>  1/14/2022 - Tower Resources plc, the AIM listed oil and gas company with its focus on Africa , is pleased to announce that it has raised £1.5 million via a placin...
United States >>  1/13/2022 - Fundamental Renewables, formerly MMA Energy Capital, an established provider of debt financing for renewable energy projects, and Pine Gate Renewables...

Norway >>  1/11/2022 - Based on a preliminary review, PGS expects to report Revenues and Other Income As Reported according to IFRS for Q4 2021 of approx. $210 million, comp...
Russia >>  1/11/2022 - PJSC LUKOIL Board of Directors today held a meeting in Moscow to summarize the Company's preliminary results for 2021 and determine priorities for 202...

United Kingdom >>  1/11/2022 - The UK oil and gas industry will pay about £3 billion in extra Corporation Tax because of the global rise in gas prices – without any need for a windf...
United Kingdom >>  1/11/2022 - Union Jack Oil, a UK focused onshore hydrocarbon production, development and exploration company, has announced that material landmark net revenues ha...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.