Amplify Energy Announces Secondary Public Offering of Common Stock for Selling Stockholders
December 10 2020 - 4:30PM
Amplify Energy Corp. (NYSE: AMPY) (“Amplify”) today announced the
commencement of an underwritten public offering of 8,548,485 shares
of its common stock by certain of its stockholders which are
affiliates of Fir Tree Capital Management L.P.
Amplify will not sell any shares of its common
stock in the offering and will not receive any proceeds
therefrom.
Roth Capital Partners is acting as the Sole
Manager for the offering.
This offering is being made pursuant to
effective shelf registration statements (File No. 333-233677,
effective October 11, 2019, and 333-215602, effective May 1, 2018)
and prospectuses filed by Amplify with the Securities and Exchange
Commission (“SEC”). The offering of these securities will be made
only by means of a prospectus and prospectus supplement. A
preliminary prospectus supplement has been filed with the SEC and
is available on the SEC’s website at www.sec.gov. Copies of the
preliminary prospectus relating to the offering may be obtained,
when available, from Roth Capital Partners, Attention: Equity
Capital Markets, 888 San Clemente Drive, Newport Beach, California
92660, by telephone at (800) 678-9147 or e-mail at
rothecm@roth.com.
This press release shall not constitute an offer
to sell or the solicitation of an offer to buy, nor shall there be
any sale of these securities in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful without
registration or qualification under the securities laws of any such
state or jurisdiction.
About Amplify Energy
Amplify Energy Corp. is an independent oil and
natural gas company engaged in the acquisition, development,
exploration and production of oil and natural gas properties.
Amplify’s operations are focused in Oklahoma, the Rockies, offshore
California, East Texas / North Louisiana and South Texas. For more
information, visit www.amplifyenergy.com.
Cautionary Statement Concerning
Forward-Looking Statements
This press release includes “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. All statements, other than statements of
historical facts, included in this press release that address
activities, events or developments that Amplify expects, believes
or anticipates will or may occur in the future are forward-looking
statements. Terminology such as “will,” “would,” “should,” “could,”
“expect,” “anticipate,” “plan,” “project,” “intend,” “estimate,”
“believe,” “target,” “continue,” “potential,” the negative of such
terms or other comparable terminology are intended to identify
forward-looking statements. Amplify believes that these statements
are based on reasonable assumptions, but such assumptions may prove
to be inaccurate. Such statements are also subject to a number of
risks and uncertainties, most of which are difficult to predict and
many of which are beyond the control of Amplify, which may cause
Amplify’s actual results to differ materially from those implied or
expressed by the forward-looking statements. Please read Amplify’s
filings with the Securities and Exchange Commission, including
“Risk Factors” in its Annual Report on Form 10-K, and if
applicable, its Quarterly Reports on Form 10-Q and Current Reports
on Form 8-K, and other public filings and press releases for a
discussion of risks and uncertainties that could cause actual
results to differ from those in such forward-looking statements.
All forward-looking statements speak only as of the date of this
press release. All forward-looking statements in this press release
are qualified in their entirety by these cautionary statements.
Amplify undertakes no obligation and does not intend to update or
revise any forward-looking statements, whether as a result of new
information, future results or otherwise.
Investor Relations
Contacts
Martyn Willsher – Interim CEO & CFO(832)
219-9047martyn.willsher@amplifyenergy.com
Jason McGlynn – VP, Business Development(832)
219-9055jason.mcglynn@amplifyenergy.com
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