<a href="https://laohu8.com/S/EMPR">Empire Petroleum</a> Corporation Files Updated Prospectus for Extended Rights Offering, Clarifies Subscription Price
Empire Petroleum Corporation has announced the extension of its previously announced rights offering, aiming to raise up to approximately $5.0 million in gross proceeds. The offering includes $2.5 million from the exercise of warrants issued as part of the initiative. The company has clarified the unit subscription price and issued a prospectus supplement to reflect these updates. Phil E. Mulacek, Chairman of the Board and a significant shareholder, plans to fully subscribe to his rights and exercise over-subscription rights for any remaining securities. Interested shareholders are advised to review all issued materials and contact the Securities Transfer Corporation for further information. This move does not constitute an offer to sell securities where it would be unlawful.
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. Empire Petroleum Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250725482094) on July 25, 2025, and is solely responsible for the information contained therein.
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