TETRA Technologies, Inc., headquartered in Spring, Texas, has announced the pricing of a public offering of 10,810,811 shares of its common stock at $9.25 per share. This initiative aims to generate funds for general corporate purposes, including the construction of its bromine project in Arkansas.

Details of the Offering

The offering is facilitated under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC). The company has also granted underwriters a 30-day option to purchase an additional 1,621,621 shares to cover any over-allotments. J.P. Morgan is leading the book-running management, with Jefferies also serving in a similar capacity. Co-managers include Berenberg, Johnson Rice & Company, Northland Capital Markets, and CJS Securities.

The offering is expected to close on June 4, 2026, subject to customary closing conditions. The shares are being offered by means of a prospectus and a final prospectus supplement, which comply with the Securities Act of 1933.

Company Overview

TETRA Technologies is an energy services and solutions company with a focus on environmentally conscious operations. The company operates on six continents, providing energy services, industrial chemicals, and critical minerals.

Forward-Looking Statements

The announcement includes forward-looking statements regarding the offering and the use of proceeds. These statements are based on the company’s current expectations and are subject to risks and uncertainties. Investors are advised to review the risk factors outlined in the company’s reports filed with the SEC.

Original reporting: KTBS 3 (Shreveport) — read the source article.