Flowco Holdings Inc. has entered into an underwriting agreement for the public offering of 7,800,000 shares of its Class A common stock, priced at $22.00 per share. The offering, which is set to close on March 23, 2026, involves certain stockholders selling their shares, with no proceeds going to the company itself. Additionally, the underwriters have been granted a 30-day option to purchase up to 1,170,000 additional shares. The company will also repurchase 780,000 shares from the underwriters at the same price, totaling approximately $16.5 million. This repurchase is part of Flowco's existing share repurchase program. The offering is being conducted under the company's effective shelf registration statement on Form S-3, which was declared effective on February 10, 2026. The company has assured that the underwriting agreement includes standard representations, warranties, and indemnification provisions. The completion of this offering is expected to enhance liquidity for the selling stockholders and may have a positive impact on the stock's market perception.
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