March 23 (Reuters) – HMH Holding is seeking to raise up to $231.4 million in its U.S. initial public offering, the company said on Monday. The company is looking to sell 10.5 million shares in the IPO at a price in the range of $19 to $22 apiece. The Houston, Texas-based company supplies drilling equipment, […]
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HMH Holding seeks to raise up to $231 million in US IPO
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March 23 (Reuters) – HMH Holding is seeking to raise up to $231.4 million in its U.S. initial public offering, the company said on Monday.
The company is looking to sell 10.5 million shares in the IPO at a price in the range of $19 to $22 apiece.
The Houston, Texas-based company supplies drilling equipment, services and systems used in offshore and onshore oil and gas operations.
J.P. Morgan, Piper Sandler and Evercore ISI are the joint lead book-running managers for the offering.
(Reporting by Utkarsh Shetti and Dharna Bafna in Bengaluru; Editing by Shilpi Majumdar)