10 months ago
OMS Energy Technologies prices IPO of 3.7 million shares at $9 per share
OMS Energy Technologies Inc. (“OMS” or the “Company”) (OMSE), a growth-oriented manufacturer of surface wellhead systems and oil country tubular goods for the oil and gas industry, today announced the pricing of its initial public offering (the “Offering”) of 3,703,704 ordinary shares, par value US$0.0001 per share (the “Ordinary Shares”), at a public offering price of US$9.00 per share, for a total base offering size of US$33.3 million, assuming the underwriters do not exercise their option to purchase additional ordinary shares, before deducting underwriting discounts and other related expenses.
The Ordinary Shares are expected to begin trading on the Nasdaq Capital Market (the “NASDAQ”) on May 13 2025, under the ticker symbol “OMSE.” The offering is expected to close on May 14, 2025, subject to customary closing conditions.
In addition, OMS has granted the underwriter a 45-day option from the date of the final prospectus to purchase up to 555,555 additional ordinary shares at the public offering price, less underwriting discounts and commissions.
Roth Capital Partners acted as the sole manager for the Offering. Joseph Gunnar & Co., LLC acted as financial advisor to the Company in connection with the Offering.
OMSE: A Bull or Bear Market Play?
Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks – 6 model portfolios fueled by AI stock picks with a stellar performance this year..
In 2024 alone, ProPicks' AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record.
With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies.
So if OMSE is on your watchlist, it could be very wise to know whether or not it made the ProPicks lists.
Click Subscribe #IPO #StockMarket #Investing #OMS #EnergyTechnologies
0
0
0
0