Finance & Investing | Fundraising | Capital Markets
Jones Energy Prices $50 Million Public Offering
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Jones Energy, Inc. reported the pricing of an underwritten secondary offering of 5,000,000 shares of its Class A common stock owned by affiliates of Metalmark Capital, LLC, the selling stockholders named in the prospectus, at a price to the public of $10.00 per share.
The Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of Class A common stock. The Selling Stockholders will receive all of the net proceeds from the offering. The offering is expected to settle and close on May 19, 2015, subject to customary closing conditions.