PUMP News & Events

The deal size was increased to 15M shares of common stock from 12.5M shares of common stock and priced at the high-end of the $9.75-$10.00 range. Goldman Sachs acted as sole book running manager for the offering.

ProPetro Holding Corp. announced the commencement of an underwritten public offering of 12.5M shares of its common stock. The company intends to use the net proceeds it receives from the offering for general corporate purposes, including to fund growth capital for additional power generation equipment. Goldman Sachs & Co. is serving as lead book-running manager for the offering.