Liberty Oilfield Services Inc. (ticker: LBRT) announced the pricing of an upsized initial public offering of 12,731,092 shares of its Class A common stock at $17.00 per share early on Jan. 12. The shares opened trading on the NYSE today at $21.20. By midday shares of Liberty were trading at almost a 28% premium.
LBRT IPO Source: Google
In addition, Liberty and the selling shareholder granted the underwriters a 30-day option to purchase up to an additional 1,909,663 shares of Liberty’s Class A common stock at the IPO price, less underwrit…
Continue reading Liberty Oilfield Services Goes Public with a Bang: Up 28% First Day on NYSE at Oil & Gas 360.
Source: Oil & Gas 360