Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
KLX Energy Services announces a $125 million rights offering backstopped for up to $94 million, aimed at reducing leverage. The offering will distribute subscription rights to current common stockholders.
PUBLIC · KLXEAug 10, 2026•about 2 hours ago
Amount Raised
$125 Million
Round Type
Post-IPO Equity
HoustonEnergyOil And GasDescription
KLX Energy Services Holdings, Inc. has approved a $125 million rights offering targeting all holders of its common stock. The offering includes transferable subscription rights to purchase shares at a price of $1.49 each. This initiative is backed by existing holders with a commitment of $94 million, aimed at reducing the company's leverage
Related People
Suggested for you
1 contactVerified contactsLuke S., Director - Directional Drilling Product…
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech