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Yuma Energy arranges $18.83 million at-market sales agreement
Agent MLV helps company sell stock and series A redeemable preferreds
By Devika Patel
Knoxville, Tenn., Dec. 30 – Yuma Energy Inc. negotiated an $18.83 million at-market issuance sales agreement to sell common stock and its 9.25% series A cumulative redeemable preferred stock, according to an 8-K filed Monday with the Securities and Exchange Commission.
MLV & Co. LLC is the agent and will conduct the sales on a commercially reasonable efforts basis.
Yuma Energy is a Houston-based oil and gas company.
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