NasdaqCM:IMPPOil and Gas
Imperial Petroleum (IMPP): Assessing Valuation After $60 Million Direct Offering of Stock and Warrants
Imperial Petroleum (IMPP) just moved to raise roughly $60 million through a registered direct offering of composite units, pairing common stock with warrants, a financing decision that can reshape both near term dilution and longer term upside.
See our latest analysis for Imperial Petroleum.
The financing news lands after a choppy stretch, with a roughly 30% 90 day share price return and about 59% one year total shareholder return suggesting momentum has been rebuilding despite recent...