secwatch / observer
8-K filed January 13, 2023, 6:59 PM ET ticker WHD CIK 0001699136
other material confidence high sentiment neutral materiality 0.65

Cactus prices upsized $150M public offering of 2.8M shares to fund FlexSteel acquisition

Cactus, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Cactus, Inc. entered into Underwriting Agreement with J.P. Morgan Securities LLC as representative of the several underwriters valued at up to 2,803,739 shares of Class A common stock at a price to the underwriters of $51.36 per share (effective 2023-01-10).

Action
entry
Agreement
underwriting
Counterparty
J.P. Morgan Securities LLC as representative of the several underwriters
Value
up to 2,803,739 shares of Class A common stock at a price to the underwriters of $51.36 per share
Effective
2023-01-10
Exact text from the filing
On January 10, 2023, Cactus, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) by and among the Company, Cactus Wellhead, LLC (“Cactus LLC”), and J.P. Morgan Securities LLC as representative of the several underwriters named therein (the “Underwriters”), providing for the offer and sale by the Company (the “Offering”) of up to 2,803,739 shares of the Company’s Class A common stock, par value $0.01 per share (“Class A Common Stock”). In addition, the Company granted the Underwriters a 30-day option to purchase up to an additional 420,561 shares of the Company’s Class A Common Stock at a price to the underwriters of $51.36 per share (the “Option”).
View on SEC.gov

281 material agreements filed in the last 30 days. Browse all material agreements →

Cactus, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-23-003802
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