Phoenix Energy One, LLC has launched an initial public offering of 10.00% Series A Cumulative Redeemable Preferred Shares.
The company aims to raise up to $75 million through the sale of Preferred Shares under Regulation A+.
Investors across the United States can become shareholders in the oil and gas operations supporting America's energy independence.
Offering Details
- Offering Size: Up to $75 million - Price: $20 per Preferred Share - Liquidation Preference: $25 per Preferred Share - Minimum Investment: $1000 - Annual Yield: 10.0% to 11.0%
- Phoenix Energy's IPO signals a strategic move to attract investors to its evolving oil and gas projects.
- The Company's focus on U.S. basins and energy independence aligns with current market trends.
The launch of the IPO by Phoenix Energy presents a significant opportunity for investors to participate in the energy sector's growth and America's energy independence.