Yuma Energy arranges $18.83 million at-market sales agreement

Agent MLV helps company sell stock and series A redeemable preferreds

By Devika Patel

Knoxville, Tenn., Dec. 30 – Yuma Energy Inc. negotiated an $18.83 million at-market issuance sales agreement to sell common stock and its 9.25% series A cumulative redeemable preferred stock, according to an 8-K filed Monday with the Securities and Exchange Commission.

MLV & Co. LLC is the agent and will conduct the sales on a commercially reasonable efforts basis.

Yuma Energy is a Houston-based oil and gas company.

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