Hyperdynamics Corp. - 2011-03-25
Description
Priced public offering of 25 million shares of its common stock at $5 per share. Net proceeds will be used for general corporate purposes and working capital, including an exploratory well drilling program offshore Guinea beginning in 2011.
Rodman & Renshaw LLC, a subsidiary of Rodman & Renshaw Capital Group Inc., was the sole book running manager.