TETRA Technologies, Inc. (NYSE:TTI) Files An 8-K Regulation FD Disclosure
Item7.01.
| Regulation FD Disclosure. |
On December9, 2016, TETRA Technologies, Inc. ( the Company)
announced that it had priced its upsized public offering of
19,400,000 shares of the Companys common stock, par value, $0.01
per share (the Common Stock) at $5.15 per share and warrants to
purchase 9,700,000 shares of Common Stock at an exercise price of
$5.75 per share prior to the 60-month expiration date of the
warrants. The offering also includes up to an additional
2,910,000 shares of Common Stock and additional warrants to
purchase up to an additional 1,455,000 shares of Common Stock, in
each case to be sold by the Company to cover over-allotments, if
any. A copy of the press release is furnished as Exhibit 99.1
hereto and is incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the press
release shall not be deemed filed for the purposes of Section18
of the Exchange Act of 1934, or otherwise subject to the
liabilities of that section, nor shall such information and
exhibit be deemed incorporated by reference into any filing under
the Securities Act of 1933 or the Securities Exchange Act of 1934
except as shall be expressly set forth by specific reference in
such a filing.
Item9.01 |
Financial Statements and Exhibits. |
(d) |
Exhibits |
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| 99.1 | Press Release, dated December9, 2016. |
About TETRA Technologies, Inc. (NYSE:TTI)
TETRA Technologies, Inc. is an oil and gas services company. The Company focuses on completion fluids and associated products and services, water management, production well testing, offshore rig cooling, compression services and equipment, and offshore services, such as decommissioning and diving. It is composed of five segments organized into four divisions: Fluids, Production Testing, Compression and Offshore. The Fluids division manufactures and markets clear brine fluids, additives and associated products and services to the oil and gas industry. Its Production Testing division provides frac flowback services, production well testing services, offshore rig cooling and other associated services in various oil and gas producing regions. The Compression division provides compression services and equipment for natural gas and oil production, gathering, transportation, processing and storage. The Offshore division consists of two operating segments: Offshore Services and Maritech. TETRA Technologies, Inc. (NYSE:TTI) Recent Trading Information
TETRA Technologies, Inc. (NYSE:TTI) closed its last trading session down -0.45 at 4.56 with 16,707,258 shares trading hands.