---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-014255"
form_type: "8-K"
ticker: "NINE"
cik: "0001532286"
company_name: "Nine Energy Service, Inc."
filed_at: "2023-01-24T23:59:59+00:00"
generated_at: "2026-06-20T10:45:51.788749+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nine Energy to issue 300,000 units of 13% senior notes + stock; net ~$271.2M to refinance 8.75% notes

## Summary
- Offering of 300,000 units, each with $1,000 principal of 13.000% Senior Secured Notes due 2028 and 5 common shares.
- Net proceeds of approximately $271.2 million after underwriting discounts and expenses.
- Proceeds, together with credit facility borrowings and cash, to redeem all outstanding 8.750% Senior Notes due 2023.
- Closing expected January 30, 2023; 45-day lock-up on similar debt offerings without J.P. Morgan consent.
- J.P. Morgan Securities LLC leads underwriters; certain affiliates may hold the 2023 Senior Notes and receive part of proceeds.

## SEC filing metadata
- accession: 0001193125-23-014255
- form_type: 8-K
- ticker: NINE
- cik: 0001532286
- company_name: Nine Energy Service, Inc.
- filed_at: 2023-01-24T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1532286/000119312523014255/0001193125-23-014255-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1532286/000119312523014255/d395891d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-014255
- JSON: https://secwatch.observer/filing/0001193125-23-014255.json
- Plain text: https://secwatch.observer/filing/0001193125-23-014255.txt

## Key facts
- Material Agreements
  Nine Energy Service, Inc. entered into Underwriting Agreement with J.P. Morgan Securities LLC, as representative of the several underwriters valued at approximately $271.2 million (effective 2023-01-19).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: J.P. Morgan Securities LLC, as representative of the several underwriters
  - Value: approximately $271.2 million
  - Effective: 2023-01-19
  source text: On January 19, 2023, Nine Energy Service, Inc. (the “Company”) and certain of its subsidiaries (the “Guarantors”) entered into an underwriting agreement (the “Underwriting Agreement”) with J.P. Morgan Securities LLC, as representative of the several underwriters named in Schedule 1 thereto (the “Underwriters”), pursuant to which the Company agreed to issue and sell to the Underwriters 300,000 units (the “Units”), each of which consists of $1,000 principal amount of 13.000% Senior Secured Notes due 2028 and five shares of common stock, par value $0.01 per share, of the Company, in accordance with the terms and conditions set forth in the Underwriting Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1532286/000119312523014255/0001193125-23-014255-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.