KLX Energy Services launches transferable subscription rights offering priced at $1.49 per share

KLXE•2026-08-24

Rights offering details

KLX Energy Services launched a transferable subscription rights offering for common stock and shares underlying participating warrants held on Aug. 21.

Each subscription right buys 3 shares of common stock at $1.49 per share, with an over-subscription privilege.
Rights begin trading on Nasdaq under “KLXER” on Aug. 24; trading ends at the Sept. 23 expiration.
Exercise is capped by a 9.995% ownership limit, allowing up to 8,505,443 shares on a pro forma basis.

Sources

KLX Energy Services launches transferable subscription rights offering priced at $1.49 per share

Sec

KLX Energy Services launches transferable subscription rights offering priced at $1.49 per share

Rights offering details

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KLX Energy Services launches transferable subscription rights offering priced at $1.49 per share

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