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Flowco Holdings Inc. Announces Launch of Public Offering by Selling Stockholders
Businesswire· 2026-03-19 20:37
Core Viewpoint - Flowco Holdings Inc. has announced a public offering of 7,800,000 shares of its Class A common stock by certain selling stockholders, with an additional option for underwriters to purchase up to 1,170,000 shares [1][2]. Company Overview - Flowco is a leading provider of production optimization, artificial lift, and emissions management solutions for the oil and natural gas industry, offering a full range of equipment and technology to maximize profitability and economic lifespan of assets [7]. Offering Details - The public offering is being conducted by affiliates of GEC Advisors LLC, and Flowco will not receive any proceeds from the sale of shares by the selling stockholders, except as specified in the prospectus supplement [1][2]. - Flowco intends to repurchase 780,000 shares from the underwriters at the price received by the selling stockholders, contingent upon the closing of the offering [3]. Underwriters - J.P. Morgan and Jefferies are acting as the joint lead bookrunning managers for the offering [4]. Regulatory Compliance - The registration statement for the offering has been filed and declared effective by the SEC, and the offering is being made only by means of a prospectus supplement and accompanying prospectus [5].