The offering is expected to close on March 10, 2026, subject to customary closing conditions.
U.S. Energy plans to use the net proceeds of the offering to fund growth capital for its industrial gas development project, including processing plant and infrastructure, and to support upcoming operations.
Roth Capital Partners is acting as sole book-running manager for the offering.
The offering is being made pursuant to a shelf registration statement on Form S-3, including a base prospectus, which was filed with the U.S. Securities and Exchange Commission (the "SEC") and became effective on September 23, 2025. The final prospectus supplement, when available, will be filed with the SEC and will be available on the SEC's website at www.sec.gov. Copies of the accompanying base prospectus, relating to the offering, and the final prospectus supplement, when available, may be obtained by sending a request to: Roth Capital Partners, LLC, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660, (800) 678-9147, email at [email protected]., or by accessing the SEC's website at www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the shares of common stock or any other securities, nor shall there be any sale of such shares of common stock or any other securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
ABOUT U.S. ENERGY CORP.
U.S. Energy Corp. (NASDAQ:USEG) is building an integrated energy and carbon management platform. The Company owns and operates the Big Sky Carbon Hub and ...
