- PR Newswire•14 days ago
The rights offering, described in an amended Registration Statement on Form S-1 deemed effective by the SEC on December 30, 2017 and Prospectus, granted to the holders of approximately 6.1 million outstanding shares of common stock a basic right to purchase two shares of common stock at $0.60 per new share for each share held. An oversubscription privilege was offered whereby shareholders who fully exercised their basic rights could also subscribe for new shares that were offered but not purchased, also for $0.60 per share. Of the total 4,498,698 shares subscribed, 4,100,125 shares will be issued pursuant to the basic rights exercised, and 398,573 will be issued pursuant to the oversubscription privilege.
- PR Newswire•2 months ago
GREENWOOD VILLAGE, Colo., Jan. 4, 2017 /PRNewswire/ -- Tengasco, Inc. (NYSE MKT: TGC) announced today the Company's Form S-1 Registration Statement concerning a nontransferable rights offering to shareholders (the "Offering") was deemed effective by the Securities and Exchange Commission on December 30, 2016. Accordingly, the Company today filed a prospectus containing the final terms of the Offering (the "Prospectus"). The Offering includes a basic right for stockholders of the Company's 6,097,723 outstanding shares on Nov. 21, 2016 (the record date) to purchase, for each share held, two new shares of common stock at a price of $0.60 for each share. The Offering includes an oversubscription privilege whereby shareholders fully exercising their basic right may purchase shares offered but not purchased by other shareholders, if available. All rights will expire if not exercised by 5:00 PM EST time on February 2, 2017, unless the Company extends the offering.
- PR Newswire•3 months ago
GREENWOOD VILLAGE, Colo., Nov. 14, 2016 /PRNewswire/ -- Tengasco, Inc. (NYSE MKT: TGC) announced today its financial results for the quarter ended September 30, 2016. The Company reported a net loss of ...
TGC : Summary for Tengasco, Inc. - Yahoo Finance
Tengasco, Inc. (TGC)
NYSE MKT - NYSE MKT Real Time Price. Currency in USD
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|Day's Range||0.60 - 0.60|
|52 Week Range||0.52 - 2.40|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-0.16|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|