Locke Lord Represents Comstock Resources in Public Offering With Net Proceeds of $196.7 Million

A Locke Lord team led by Jack Jacobsen (Dallas) represented Comstock Resources, Inc., in an underwritten public offering of 40,000,000 shares of common stock at a price of $5.00 per share, with a 30-day option for underwriters to purchase up to 6,000,000 additional shares of common stock. Net proceeds from the offering, which closed on May 18, 2020, were approximately $196.7 million. Additional assistance was provided by Stanley Keller, John Whitlock and Megan Foscaldi (all of Boston), Will Becker, Ashley Thurman and Kelsey French (all of Dallas), Andrew Nelson (Houston) and Rob Evans (New York).
Posted on May 20, 2020