SilverBow Resources, Inc. (SBOW) Social Stream

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$SBOW New SEC Filing: 8-K Material Agrmt - SILVERBOW RESOURCES, INC. (0000351817) August 13


Item 1.01. Entry into a Material Definitive Agreement. On August 13, 2021, SilverBow Resources, Inc. ("SilverBow Resources" or the "Company") entered into an Equity Distribution Agreement (the "Sale Agreement") among the Company and Johnson Rice & Company L.L.C. and Truist Securities, Inc. as sales agents (together, the "Sales Agents" or, each, a "Sales Agent"). Pursuant to the terms of the Sale Agreement, the Company may sell, from time to time through the Sales Agents, shares of the Company's common stock, par value $0.01 per share ("Common Stock"), having an aggregate offering price of up to $40,000,000 (the "Shares"). The Company intends to use the net proceeds from this offering, after (...)

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