U.S. Energy Corp prices 8.8 million-share follow-on offering at USD 1.00 per share

Reuters03-11
U.S. Energy Corp prices 8.8 million-share follow-on offering at USD 1.00 per share

U.S. Energy entered an underwriting agreement with Roth Capital Partners for an underwritten offering of 8.8 million common shares priced at USD 1 per share. The offering closed on March 10, 2026. Net proceeds were about USD 8.2 million after discounts and expenses. The company said it plans to use the proceeds for development of its Kevin Dome asset in Montana and for general corporate purposes. Directors and executive officers agreed to a 60-day lock-up on sales of common stock, subject to certain exceptions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. U.S. Energy Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-007541), on March 10, 2026, and is solely responsible for the information contained therein.

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