Cactus, Inc. (WHD) Announces 21.4M Share IPO Between $16-$19/Sh
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Cactus, Inc. Announces Launch of Initial Public Offering
January 29, 2018 7:14 AM ESTHOUSTON--(BUSINESS WIRE)-- Cactus, Inc. (NYSE: WHD) (Cactus) announced today that it has launched an initial public offering of 21,428,571 shares of its Class A common stock at an anticipated initial offering price between $16.00 and $19.00 per share pursuant to a registration statement on Form S-1 (the Registration Statement) filed previously with the Securities and Exchange Commission (the SEC). In addition, Cactus intends to grant the underwriters a 30-day option to purchase up to an additional 3,214,285Â shares of Cactus Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares have been... More
