IPO - Berry Corp (bry)

Form Type: 424B5

Filing Date: 2025-03-13

Corporate Action: Ipo

Type: New

Accession Number: 000119312525054050

Filing Summary: Berry Corporation has filed a prospectus supplement for the offering of up to $50 million of its common stock. The sales will occur through an open market sale agreement with Jefferies LLC and Johnson Rice & Company L.L.C. Shares will be sold in an at-the-market offering as defined under the Securities Act. The common stock is listed on the Nasdaq under the symbol 'BRY'. The document includes detailed information about the offering, potential risks associated with investing, intended use of proceeds (including refinancing debt, funding acquisitions, and general corporate purposes), and information about the sales agents' compensation. Relevant information about the company’s business segments, which include exploration and production (E&P) and well servicing, is also provided, highlighting the focus on U.S. domestic energy and the location of its assets in California and Utah. Forward-looking statements regarding the risks and uncertainties of investing and market conditions are emphasized throughout.

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