HighPeak Energy, Inc. Announces Commencement of Underwritten Public Offering of Common Stock

About this update from Highpeak Energy, Inc.

[{"type":"text","content":"FORT WORTH, Texas, July 18, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (the “Company”) (NASDAQ: HPK) today announced that it has commenced an underwritten public offering of shares of its common stock, par value $0.0001 per share (“common stock”). The Company expects to grant the underwriter a 30-day option to purchase additional shares of its common stock at the public offering price, less the underwriting discounts and commissions. The Company intends to use the net proceeds from this offering for working capital and to otherwise enhance near-term liquidity. Roth Capital Partners is acting as sole manager of the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The offering is being made pursuant to a shelf registration statement on Form S-3, including a base prospectus, that was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on January 3, 2022. The preliminary prospectus supplement, and accompanying base prospectus, relating to the offering, and a final prospectus supplement, when available, will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Copies of the preliminary prospectus supplement, and accompanying base prospectus, relating to the offering, and the final prospectus supplement, when available, may be obtained by sending a request to: Roth Capital Partners, LLC, Attention: Prospectus Department, 888 San Clemente Drive, Suite 400, Newport Beach, California 92660, or by telephone at 1-800-678-9147, or by accessing the SEC’s website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the shares of common stock or any other securities, nor shall there be any sale of such shares of common stock or any other securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. About HighPeak Energy, Inc. HighPeak Energy, Inc. is a publicly traded independent oil and natural gas company, headquartered in Fort Worth, Texas, focused on the acquisition, development, exploration and exploitation of unconventional oil...

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