Hallador Energy Company Announces Pricing of Public Offering of Common Stock

Core Viewpoint - Hallador Energy Company has announced a public offering of 2,777,778 shares of common stock at a price of $18.00 per share, aiming to raise approximately $50 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The offering consists of 2,777,778 shares priced at $18.00 each, with total gross proceeds expected to be around $50 million [1]. - Hallador has granted underwriters a 30-day option to purchase an additional 416,666 shares [1]. - The closing of the offering is anticipated to occur on or about January 15, 2026, pending customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, which may include funding initial financial commitments for equipment to support a planned additional natural gas generating facility [2]. Group 3: Company Overview - Hallador Energy Company is a vertically-integrated Independent Power Producer (IPP) based in Terre Haute, Indiana, with two core businesses: Hallador Power Company, LLC, which operates the Merom Generating Station, and Sunrise Coal, LLC, which supplies fuel to the station and other companies [6].