Nine Energy Service, Inc. Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares
Nine Energy Service, Inc. (NYSE: NINE) (“Nine”) announced the closing of its initial public offering of 8,050,000 shares of its common stock at a public offering price of $23.00 per share, which included 1,050,000 shares sold upon full exercise of the option to purchase additional shares granted to the underwriters. The shares began trading on the New York Stock Exchange under the symbol “NINE” on January 19, 2018.
J.P. Morgan, Goldman Sachs & Co. LLC and Wells Fargo Securities acted as joint book-running managers and as representatives of the underwriters for the offering. BofA Merrill Lynch and Credit Suisse also acted as joint book-running managers for the offering. The offering of these securities was made only by means of a prospectus. Copies of the final prospectus may be obtained from:
| J.P. Morgan Securities LLC |
| c/o Broadridge Financial Solutions |
| 1155 Long Island Avenue |
| Edgewood, New York 11717 |
| Telephone: (866) 803-9204 |
| Goldman Sachs & Co. LLC |
| Attention: Prospectus Department |
| 200 West Street |
| New York, New York 10282 |
| Telephone: (866) 471-2526 |
| Wells Fargo Securities, LLC |
| Attention: Equity Syndicate Department |
| 375 Park Avenue |
| New York, New York 10152 |
| Telephone: (800) 326-5897 |
About Nine Energy Service, Inc.
Nine Energy Service, Inc. is a leading North American onshore completion and production services provider that targets unconventional oil and gas resource development. Nine partners with exploration and production customers across all major onshore basins in both the U.S. and Canada to design and deploy downhole solutions and technology to prepare horizontal, multistage wells for production. Nine is headquartered in Houston, Texas with operating facilities in the Permian, Eagle Ford, MidCon, Barnett, Bakken, Rockies, Marcellus, Utica and throughout Canada.
Important Information
A registration statement relating to these securities has been filed with, and been declared effective by, the Securities and Exchange Commission (the “SEC”). The registration statement may be obtained free of charge at the SEC’s website at www.sec.gov under “Nine Energy Service, Inc.” This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
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