Hallador Energy Prices $50M Stock Offering Of 2.78M Shares at $18/Share, Eyes Proceeds for Corporate Use and Equipment Reservations

Hallador Energy Company (NASDAQ:HNRG), today announced the pricing of an underwritten public offering of 2,777,778 shares of its common stock at a price to the public of $18.00 per share. The total gross proceeds from the offering to Hallador are expected to be approximately $50 million, before deducting underwriting discounts and commissions and other offering expenses. In addition, Hallador granted the underwriters a 30-day option to purchase up to an additional 416,666 shares of its common stock. The closing of the offering is expected to occur on or about January 15, 2026, subject to the satisfaction of customary closing conditions.

Hallador intends to use the net proceeds from the offering for general corporate purposes, which may include funding certain initial financial commitments to reserve equipment necessary to support Hallador's planned additional natural gas generating facility.