Flowco Holdings closes IPO of 20.47M shares at $24.00; net proceeds to repay debt and redeem equity interests

Flowco Holdings Inc.

IPO of 20,470,000 Class A shares at $24.00 per share including full exercise of underwriter over-allotment option.
Net proceeds to redeem certain equity interests and repay indebtedness under existing credit agreement.
In connection with reorganization, issued ~4.2M Class A shares to Blocker Entity owners and ~65.9M Class B shares to Flowco members in unregistered transactions.
Appointed Paul W. Hobby, Cynthia L. Walker, and William H. White as independent directors; Audit Committee formed.
Granted initial RSU awards to executives (CEO 134,792, COO 57,292, CFO 50,208, VP 37,500) and adopted 2025 Equity and Incentive Plan.

item 1.01 item 3.02 item 5.02 item 5.03 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

William H. White

Director

FLOC · Flowco Holdings Inc.

Effective: 2025-01-15
Filed: January 21, 2025, 6:59 PM ET

Effective January 15, 2025, Paul W. Hobby, Cynthia L. Walker, and William H. White were appointed to the Board of the Directors of the Company.

Appointed

Paul W. Hobby

Director

FLOC · Flowco Holdings Inc.

Effective: 2025-01-15
Filed: January 21, 2025, 6:59 PM ET

Effective January 15, 2025, Paul W. Hobby, Cynthia L. Walker, and William H. White were appointed to the Board of the Directors of the Company.

Appointed

Cynthia L. Walker

Director

FLOC · Flowco Holdings Inc.

Effective: 2025-01-15
Filed: January 21, 2025, 6:59 PM ET

Effective January 15, 2025, Paul W. Hobby, Cynthia L. Walker, and William H. White were appointed to the Board of the Directors of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

William H. White was appointed as Director at Flowco Holdings Inc..

Action: appointed
Role: Director

Exact text from the filing

Effective January 15, 2025, Paul W. Hobby, Cynthia L. Walker, and William H. White were appointed to the Board of the Directors of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul W. Hobby was appointed as Director at Flowco Holdings Inc..

Action: appointed
Role: Director

Exact text from the filing

Effective January 15, 2025, Paul W. Hobby, Cynthia L. Walker, and William H. White were appointed to the Board of the Directors of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Cynthia L. Walker was appointed as Director at Flowco Holdings Inc..

Action: appointed
Role: Director

Exact text from the filing

Effective January 15, 2025, Paul W. Hobby, Cynthia L. Walker, and William H. White were appointed to the Board of the Directors of the Company.

View on SEC.gov

Flowco Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-009578

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