Empire Petroleum rights offering raises USD 10 million

Reuters03-19

<a href="https://laohu8.com/S/EMPR">Empire Petroleum</a> rights offering raises USD 10 million

Empire Petroleum said its rights offering was fully subscribed, with the subscription period ending March 18, 2026.
Subscriptions exceeded 100% of available securities, with oversubscription shares to be allocated pro-rata after eliminating fractional shares.
Gross proceeds were about USD 10 million, before expenses.
Each whole share was issued at a subscription price of USD 2.99.

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. Empire Petroleum Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260319381004) on March 19, 2026, and is solely responsible for the information contained therein.

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