ATHENS, Greece, April 23, 2013 (GLOBE NEWSWIRE) -- StealthGas Inc. (the "Company") (Nasdaq:GASS) announced today an underwritten public offering of 8,000,000 shares of its common stock pursuant to the Company's effective shelf registration statement filed with the Securities and Exchange Commission. An entity controlled by the family of the Company's President and Chief Executive Officer has indicated its intention to purchase approximately 5% of the shares offered in the offering. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to 1,200,000 additional shares of its common stock.
StealthGas Inc. Announces Public Offering Of Common Stock
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