Nine Energy Service Inc.
Description
Nine Energy Service Inc. has launched an IPO of its common stock. The offering consists of 7 million shares of common stock being offered by Nine at $23 per share. In addition, Nine intends to grant the underwriters a 30-day option to purchase up to an additional 1.05 million shares of common stock. Nine Energy closed the IPO of 7 million shares of its common stock at $23.00 per share on Jan. 23.
Nine Energy Service Inc. closed its IPO of 8.05 million shares of its common stock at a public offering price of $23 per share, which included 1.05 shares sold upon full exercise of the option to purchase additional shares granted to the underwriters.