KOIL Energy prices $5.6 million private placement
KLNG•Koil Energy Solutions agreed to raise approximately $5.6 million in gross proceeds through a private placement of common shares and pre-funded warrants. The offering is expected to close on or about October 29, 2026.
1. Offering details
The offering includes 1,330,372 common shares at $2.50 per share and pre-funded warrants covering up to 919,628 common shares at $2.499 per warrant. The warrants have an exercise price of $0.001 per share. Net proceeds will fund working capital and general corporate purposes, including rental equipment investments.
