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Hallador Energy Company Announces Pricing of Public Offering of Common Stock
TERRE HAUTE, Ind., Jan. 14, 2026 (GLOBE NEWSWIRE) -- Hallador Energy Company (Nasdaq: HNRG), today announced the pricing of an underwritten public offering of
About this update from Hallador Energy Company
[{"type":"text","content":"TERRE HAUTE, Ind., Jan. 14, 2026 (GLOBE NEWSWIRE) -- Hallador Energy Company (Nasdaq: HNRG), today announced the pricing of an underwritten public offering of 2,777,778 shares of its common stock at a price to the public of $18.00 per share. The total gross proceeds from the offering to Hallador are expected to be approximately $50 million, before deducting underwriting discounts and commissions and other offering expenses. In addition, Hallador granted the underwriters a 30-day option to purchase up to an additional 416,666 shares of its common stock. The closing of the offering is expected to occur on or about January 15, 2026, subject to the satisfaction of customary closing conditions. Hallador intends to use the net proceeds from the offering for general corporate purposes, which may include funding certain initial financial commitments to reserve equipment necessary to support Hallador’s planned additional natural gas generating facility. Texas Capital Securities is acting as sole bookrunner for the offering. Northland Capital Markets and A.G.P./Alliance Global Partners are acting as co-managers for the offering. The securities described above are being offered by Hallador pursuant to an automatic shelf registration statement on Form S-3 that became automatically effective upon its filing with the Securities and Exchange Commission (the “SEC”) on January 13, 2026. The securities will be offered only by means of a prospectus supplement and accompanying prospectus relating to the offering that form a part of the registration statement. A preliminary prospectus supplement relating to this offering has been filed with the SEC and a final prospectus supplement relating to this offering will be filed with the SEC. Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the offering, as well as copies of the final prospectus supplement, when available, may be obtained from TCBI Securities, Inc., d/b/a Texas Capital Securities, Attention: Prospectus Department, 2000 McKinney Avenue, Suite 700, Dallas, TX 75201 or by email at [email protected]. Electronic copies of the final prospectus supplement and accompanying prospectus will also be available on the website of the SEC at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the...