-Crimson Exploration Inc. (NASDAQGM: CXPO - News) (“Crimson Exploration”) today announced that it has closed its public offering of 20,000,000 shares of Crimson Exploration common stock at the price of $5.00 per share. Crimson Exploration’s net proceeds from the offering were approximately $93.1 million, after deducting underwriting discounts and commissions and estimated offering expenses.
Barclays Capital Inc. and Credit Suisse Securities (USA) LLC acted as joint book-running managers of the offering.
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