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Calfrac Well Services Ltd.
(MENAFN- Baystreet) 11:55 AM EST - Calfrac Well Services Ltd.: Has closed its previously announced offering of rights to the holders of common shares of the Company as of the close of business (Toronto time) on November 21, 2025. The Rights Offering period expired at 5:00 p.m. (Toronto time) on December 19, 2025. The Company issued an aggregate of 13,011,153 Common Shares at a subscription price of $2.69 per Common Share for aggregate gross proceeds of approximately $35.0 million. As of the closing date of the Rights Offering, there are 98,900,612 Common Shares issued and outstanding. Calfrac Well Services Ltd.
shares T are trading up $0.69 at $4.21.
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