Flowco Holdings Inc. (NYSE: FLOC) announced the launch of an underwritten public offering by certain affiliates of GEC Advisors LLC to sell 7.8 million shares of the company's Class A common stock, according to a press release statement.

The selling stockholders have granted underwriters a 30-day option to purchase up to an additional 1.17 million shares at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other conditions.

Flowco will not issue or sell any shares in the offering and will not receive proceeds from the sale. However, the company intends to purchase 780,000 shares from the underwriters at the same price per share received by the selling stockholders as part of its existing share repurchase program.

The share repurchase is conditioned upon the completion of the offering, though the offering does not depend on the share repurchase closing.

J.P. Morgan and Jefferies are serving as joint lead bookrunning managers for the offering. The Securities and Exchange Commission has declared the registration statement effective under SEC File No. 333-293202.

Flowco provides production optimization, artificial lift and emissions management solutions for the oil and natural gas industry. The company's products and services include equipment and technology solutions for oil and gas producers.