TETRA Technologies, Inc. (NYSE: TTI) announced the commencement of an underwritten public offering of $100 million of common stock shares, according to a company press release.

The Spring, Texas-based energy services company plans to use net proceeds for general corporate purposes, including funding construction costs for its Arkansas bromine project. The offering is conducted under an effective shelf registration statement filed with the Securities and Exchange Commission.

The company expects to grant underwriters a 30-day option to purchase up to an additional $15 million of shares to cover over-allotments at the public offering price, minus underwriting discounts and commissions.

J.P. Morgan serves as lead book-running manager for the offering, with Jefferies also serving as book-running manager. The offering remains subject to market and other conditions, with no assurance regarding completion timing or final terms.

The registration statement was originally filed with the SEC on May 12, 2025, and declared effective on May 22, 2025. A preliminary prospectus supplement has been filed with the SEC.

TETRA Technologies operates as an energy services and solutions company with operations on six continents. The company's portfolio includes Energy Services, Industrial Chemicals, and Critical Minerals divisions.