IPO - Capital Clean Energy Carriers Corp.
Form Type: 424B5
Filing Date: 2025-01-27
Corporate Action: Ipo
Type: New
Accession Number: 000119312525013439
Filing Summary: Capital Clean Energy Carriers Corp. has filed a prospectus supplement offering up to $75,000,000 of common shares with Jefferies LLC as the sales agent. The common shares, listed on The Nasdaq Global Select Market under the symbol 'CCEC', are part of an 'at the market offering'. As of January 24, 2025, the last reported sale price was $18.23 per share, and it indicates that if 4,114,097 shares are sold at this price, a total of up to 62,501,410 shares will be outstanding post-offering. The proceeds from the offering will be used for general corporate purposes, including vessel acquisitions and refinancing debts. Investors are cautioned regarding the risks involved in such an investment and are directed to refer to past reports for comprehensive risk factors. This represents a new public offering from the company, which recently transitioned from a limited partnership to a corporation in late 2024, maintaining its operations primarily in the marine transportation of liquefied natural gas and other gases.
Document Link: View Document
Additional details:
Common Shares Offered: Up to $75,000,000
Last Sale Price: $18.23
Commission Rate: up to 2.5%
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