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Excelerate Energy Announces Proposed Public Offering of Class A Common Stock

1. Excelerate Energy is offering $150 million in shares to raise capital. 2. An additional $22.5 million in shares may also be sold if needed.

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FAQ

Why Bearish?

Public offerings typically dilute existing shareholders, potentially lowering stock prices. Historical cases show similar offerings have led to immediate price drops.

How important is it?

The capital raise indicates strategic growth plans but may alarm investors due to dilution.

Why Short Term?

The market reaction to the offering will likely be immediate. Similar past offerings influenced stock prices within days.

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SPOTNVDATSLA
THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) announced that it has commenced an underwritten public offering of $150 million of shares of its Class A common stock. In connection with this offering, the Company expects to grant the underwriters a 30-day option to purchase up to $22.5 million of additional shares of Class A common stock at the public offering price, less the underwriting discounts and commissions. The offering is subjec.

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