Imperial Petroleum (IMPP) Slumps Following Stock Offering Announcement

Group 1 - The share price of Imperial Petroleum Inc. (NASDAQ:IMPP) decreased by 27.83% from November 26 to December 3, 2025, making it one of the worst-performing energy stocks during that week [1] - The company specializes in the transportation of petroleum and petrochemical products in liquefied form [2] - On November 28, Imperial Petroleum announced an agreement to sell over 9.5 million shares of common stock at a price of $6.30 per share, aiming to raise approximately $60 million for working capital and general corporate purposes [3] Group 2 - The decline in share price follows a multi-year high reached by Imperial Petroleum last month, indicating investor concerns regarding stock dilution despite the company being debt-free and having sufficient cash reserves [4]