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TETRA Technologies Announces Public Offering Pricing

TETRA Technologies, Inc. (referred to as "TETRA") has recently made headlines with the announcement of its public offering pricing. This announcement, made on June 2, 2026, reveals that the company has priced an underwritten public offering of approximately 10,810,811 shares of its common stock. The shares are set at a public offering price of $9.25 each, pursuant to the Form S-3 registration statement that has been duly filed with the U.S. Securities and Exchange Commission (SEC).

Details of the Offering

The company plans to utilize the net proceeds generated from this public offering primarily for general corporate purposes. Notably, a portion of the funds will be allocated towards the construction of their bromine project based in Arkansas. Furthermore, TETRA has provided underwriters with a 30-day option to purchase up to an additional 1,621,621 shares of common stock, should there be any need to cover over-allotments at the public offering price, minus any applicable underwriting discounts and commissions.

The lead manager for this offering is J.P. Morgan, with Jefferies also acting as a book-running manager. Other notable co-managers participating in this offering include Berenberg, Johnson Rice & Company, Northland Capital Markets, and CJS Securities. The offering is expected to close on June 4, 2026, contingent upon customary closing conditions being met.

Regulatory Compliance

This offering is being executed solely through a prospectus and a final prospectus supplement which meet the established guidelines under the Securities Act of 1933. Stakeholders can acquire copies of the final prospectus supplement along with the accompanying base prospectus from J.P. Morgan Securities LLC, or directly via the SEC's website at www.sec.gov.

The SEC granted effectiveness to the registration statement filed on May 12, 2025, and it was declared effective on May 22, 2025. Interested parties can access this registration statement fees through the SEC's official platform under "TETRA Technologies, Inc."

Cautionary Statement

In the release, TETRA stressed the importance of caution regarding forward-looking statements contained within the announcement. Keywords such as "may," "expect," "intend," and similar expressions highlight the company’s cautious approach to future projections surrounding the stock offering and the anticipated use of proceeds. The situational complexities could lead to outcomes significantly different from those projected. Potential risks and uncertainties influencing actual results may stem from various conditions, many of which remain outside the company’s control. Investors are advised to review the company's Annual Reports and other filings with the SEC for further insight into these risks.

About TETRA Technologies

TETRA Technologies, Inc. is recognized as an innovative company in the energy services sector, with an increasing focus on environmentally sustainable solutions. Operating on six continents, TETRA boasts a diverse portfolio that spans energy services, industrial chemicals, and critical minerals. As a company that values corporate responsibility, TETRA is dedicated to the advancement of environmentally friendly practices in the energy industry, further cementing its place as a leader in the field.

This offering marks a significant step for TETRA Technologies, and the broader market will be keenly observing the developments surrounding this stock pricing and the ramifications it may have for the company’s financial landscape in the months to come.