ATHENS, Greece, April 30, 2013 (GLOBE NEWSWIRE) -- StealthGas Inc. (the "Company") (Nasdaq:GASS) announced today the closing of its previously announced public offering of 10,000,000 shares of common stock. In addition, the underwriters exercised their option to purchase an additional 1,500,000 shares of common stock in full, bringing the total number of shares sold in the offering to 11,500,000 shares. In each case, the shares were sold at a public offering price of $10.00 per share. The total gross proceeds from the offering before the underwriting discount and other offering expenses are $115,000,000. An entity controlled by the family of the Company's President and Chief Executive Officer has agreed to purchase 575,000 of the shares sold in the offering.
StealthGas Inc. Announces Closing Of Its Public Offering Of Common Stock
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