Home / Business and Economy / HMH Holding Eyes $231M US IPO
HMH Holding Eyes $231M US IPO
24 Mar
Summary
- HMH Holding aims to secure up to $231.4 million through its IPO.
- The company plans to offer 10.5 million shares at $19-$22 each.
- Based in Houston, Texas, HMH supplies crucial drilling equipment and services.
HMH Holding has announced its intention to raise up to $231.4 million through its initial public offering in the United States. The offering involves the sale of 10.5 million shares, with a target price range set between $19 and $22 per share.
This Houston, Texas-based entity specializes in supplying critical drilling equipment, comprehensive services, and integrated systems. These offerings are integral to the execution of both offshore and onshore oil and gas operations.
J.P. Morgan, Piper Sandler, and Evercore ISI are leading the underwriting efforts as joint book-running managers for this significant financial undertaking.
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