other material
confidence high
sentiment negative
materiality 0.60
Schlumberger to sell 14.5M shares of Liberty Energy in secondary offering
Liberty Energy Inc.
- Schlumberger Technology Corporation sells 14.5M shares of Liberty Class A common stock.
- Liberty receives no proceeds from the secondary offering.
- Offering priced on April 29, 2022; expected to close May 3, 2022.
- BofA Securities and J.P. Morgan are joint bookrunning managers.
- Shares offered at prevailing market prices; underwritten public offering.