other material
confidence high
sentiment neutral
materiality 0.50
Expro Group selling shareholders offer 9.2M shares at $16.50; secondary offering closes Jan 18
EXPRO GROUP HOLDINGS N.V.
- Selling shareholders sold 9,200,000 shares (including 1,200,000 option shares) at $16.50 per share; closed Jan 18, 2023.
- Company received no proceeds from the secondary offering.
- Company agreed to a 60-day lock-up on sales of its common stock or convertible securities starting Jan 12, 2023.
- Registration Rights Agreement amended to restore the number of demand registrations to three after the offering.