TETRA Technologies prices $9.25 share offering to raise ~$109M including overallotment

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2026.06.04 10:13
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TETRA Technologies priced an underwritten public offering of 10,810,811 shares at $9.25 per share. The company expects approximately $94.0 million in net proceeds to fund general corporate purposes, including the Arkansas bromine project. Underwriters exercised their overallotment option for an additional ~$15.0 million. J.P. Morgan led the deal, which is expected to close on June 4, 2026.