Sable Offshore Corp. Launches $200 Million Public Offering of Common Stock

Reuters
05-22
<a href="https://laohu8.com/S/SOC">Sable Offshore Corp.</a> Launches $200 Million Public Offering of Common Stock

Sable Offshore Corp. has announced the launch of a public offering of $200 million in common stock, with the possibility of an additional $30 million available to underwriters through a 30-day option. The company plans to utilize the net proceeds from this offering for capital expenditures, working capital, and general corporate purposes. J.P. Morgan, Jefferies, and TD Cowen are acting as joint book-running managers for the offering. The registration statement for this offering has already been filed and approved by the SEC, and further details will be provided in the final prospectus supplement. The completion of the offering is contingent on market conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sable Offshore Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250521630483) on May 21, 2025, and is solely responsible for the information contained therein.

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