Company Overview - HMH Holding Inc. is a leading provider of highly engineered, mission-critical equipment solutions for oil and gas drilling operations, both offshore and onshore [5] - The company offers a comprehensive portfolio of drilling equipment, services, and systems, with a focus on technical expertise and innovative product offerings [5] - HMH is expanding its product and service portfolio to adjacent industries, such as mining, leveraging its integrated operations from manufacturing to aftermarket services [5] Initial Public Offering (IPO) Details - HMH announced the pricing of its initial public offering of 10,520,000 shares of Class A common stock at $20.00 per share [1] - The underwriters have a 30-day option to purchase up to an additional 1,578,000 shares at the initial public offering price [1] - The shares are expected to begin trading on The Nasdaq Global Select Market under the ticker symbol "HMH" on April 1, 2026, with the offering expected to close on April 2, 2026 [1] Underwriters and Management - J.P. Morgan, Piper Sandler, and Evercore ISI are acting as joint lead book-running managers for the offering [2] - Citigroup and DNB Carnegie are serving as joint book-running managers, while Stifel, Nordea, and Pickering Energy Partners are co-managers [2]
HMH Holding Inc. Announces Pricing of Initial Public Offering