Sunday, August 3, 2025

Hess Corporation Prices Concurrent Offerings of Common Stock and Depositary Shares Representing an Interest in Mandatory Convertible Preferred Stock

Hess Corporation (HES) today announced the pricing of its previously announced concurrent underwritten public offerings of 25,000,000 shares of its common stock at a price of $39.00 per share, and 10,000,000 depositary shares, each of which represents a 1/20th interest in a share of its 8.00% Series A Mandatory Convertible Preferred Stock (the “Convertible Preferred Stock”), $1.00 par value per

ION announces 1-for-15 Reverse Stock Split, Authorized Share Increase and amendments to 2013 Long-Term Incentive Plan following stockholder approval

ION Geophysical Corporation (the “Company”) (IO) today announced (i) a 1-for-15 reverse stock split on shares of the Company’s common stock (the “Reverse Stock Split”), (ii) an increase in the number of authorized shares of the Company’s common stock from 200 million to 400 million (the “Authorized Share Increase”) and (iii) certain amendments to the Company’s 2013 Long-Term Incentive Plan