Business
BKV Corporation Announces Launch of Public Offering of Common Stock
DENVER, December 01, 2025--BKV Corporation ("BKV") (NYSE: BKV) today announced that it has launched an underwritten public offering of 6,000,000 shares of its common stock. BKV expects to grant the underwriters a 30-day option to purchase up to an additional 900,000 shares from BKV at the public offering price, less underwriting discounts and commissions.
About this update from Bkv Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":424,"url":"https://media.zenfs.com/en/business-wire.com/b623257fbe12c11dd97c291deaae5d0a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/D91XiaNnFh7Oi1DlQ1c9iA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTg0ODtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/b623257fbe12c11dd97c291deaae5d0a","width":480,"height":424}},"lazy":false},{"type":"text","content":"DENVER, December 01, 2025--(BUSINESS WIRE)--BKV Corporation ("BKV") (NYSE: BKV) today announced that it has launched an underwritten public offering of 6,000,000 shares of its common stock. BKV expects to grant the underwriters a 30-day option to purchase up to an additional 900,000 shares from BKV at the public offering price, less underwriting discounts and commissions.","length":384,"tagName":"p"},{"type":"text","content":"BKV intends to use the net proceeds from the offering, together with cash on hand, for the payment of the cash consideration of the purchase price in connection with BKV’s previously announced acquisition of a controlling interest in BKV-BPP Power, LLC (the "BKV-BPP Power Joint Venture Transaction") and related expenses. Pending the closing of the BKV-BPP Power Joint Venture Transaction, or in the event the closing of the BKV BPP Joint Venture Transaction does not occur, BKV expects to use the proceeds of the offering for general corporate purposes. The completion of the offering is not contingent on the consummation of the BKV-BPP Power Joint Venture Transaction, and the BKV-BPP Power Joint Venture Transaction is not contingent on the completion of the offering.","length":783,"tagName":"p"},{"type":"text","content":"Citigroup, Barclays and Mizuho are acting as joint book-running managers for the offering.","length":90,"tagName":"p"},{"type":"text","content":"A shelf registration statement (including a prospectus) relating to the offering has been filed with the Securities and Exchange Commission (the "SEC") and has become effective. When available, copies of the preliminary prospectus supplement, prospectus supplement and accompanying base prospectus relating to the offering may be obtained free of charge on the SEC’s website at www.sec.gov or by sending a request to: Citigroup, c...