Rex Energy Corp. - 2014-08-12

Offered about 1.3 million depositary shares that each represented one one-hundredth interest in a share of Series A, convertible, perpetual preferred stock. Underwriters given monthlong option to purchase up to 187,500 additional depositary shares to cover overallotments. Net proceeds will fund acquisition of Appalachian Basin acreage from Swepi LP, and will fund capex program and support general corporate purposes. RBC Capital Markets is sole structuring adviser and sole book-runner.