Nine Energy Service, Inc. Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares
HOUSTON–(BUSINESS WIRE)–Nine Energy Service, Inc. (NYSE: NINE) (“Nine”) announced the closing of
its initial public offering of 8,050,000 shares of its common stock at a
public offering price of $23.00 per share, which included 1,050,000
shares sold upon full exercise of the option to purchase additional
shares granted to the underwriters. The shares began trading on the New
York Stock Exchange under the symbol “NINE” on January 19, 2018.
J.P. Morgan, Goldman Sachs & Co. LLC and Wells Fargo Securities acted as
joint book-running managers and as representatives of the underwriters
for the offering. BofA Merrill Lynch and Credit Suisse also acted as
joint book-running managers for the offering. The offering of these
securities was made only by means of a prospectus. Copies of the final
prospectus may be obtained from:
| J.P. Morgan Securities LLC |
| c/o Broadridge Financial Solutions |
| 1155 Long Island Avenue |
| Edgewood, New York 11717 |
| Telephone: (866) 803-9204 |
| Goldman Sachs & Co. LLC |
| Attention: Prospectus Department |
| 200 West Street |
| New York, New York 10282 |
| Telephone: (866) 471-2526 |
| Wells Fargo Securities, LLC |
| Attention: Equity Syndicate Department |
| 375 Park Avenue |
| New York, New York 10152 |
| Telephone: (800) 326-5897 |
About Nine Energy Service, Inc.
Nine Energy Service, Inc. is a leading North American onshore completion
and production services provider that targets unconventional oil and gas
resource development. Nine partners with exploration and production
customers across all major onshore basins in both the U.S. and Canada to
design and deploy downhole solutions and technology to prepare
horizontal, multistage wells for production. Nine is headquartered in
Houston, Texas with operating facilities in the Permian, Eagle Ford,
MidCon, Barnett, Bakken, Rockies, Marcellus, Utica and throughout Canada.
Important Information
A registration statement relating to these securities has been filed
with, and been declared effective by, the Securities and Exchange
Commission (the “SEC”). The registration statement may be obtained free
of charge at the SEC’s website at www.sec.gov
under “Nine Energy Service, Inc.” This press release shall not
constitute an offer to sell or the solicitation of an offer to buy nor
shall there be any sale of these securities in any state or jurisdiction
in which such offer, solicitation or sale would be unlawful prior to the
registration or qualification under the securities laws of any such
state or jurisdiction.
Contacts
Nine Energy Service, Inc.
Heather Schmidt, (281) 730-5113
Director,
Investor Relations & Marketing
[email protected]
