Empire Petroleum Begins $6M Rights Offering, Largest Shareholder to Participate
ByAinvest
Monday, Feb 2, 2026 4:53 pm ET1min read
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Empire Petroleum has commenced a $6.0 million rights offering, allowing holders to purchase additional shares of common stock at $2.99 per share. The company's largest shareholder, Energy Evolution Master Fund, and Chairman Phil E. Mulacek have indicated their intent to participate. The offering will expire on February 27, 2026, and the company reserves the right to amend or terminate the offering at any time.
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