Synergy Resources Corp. (SYRG) announced the completion of the sale of 11.50 million shares of its common stock and that the underwriters have exercised their over-allotment option of an additional 1.73 million shares of the company's common stock in full.
The company said that all shares of common stock were sold to the public at an offering price of $6.25 per share. The resulting net proceeds to the Company, after deducting underwriting discounts, commissions and other expenses, were about $78.3 million.
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