TETRA Technologies Inc. (NYSE: TTI) announced the pricing of an underwritten public offering of 10,810,811 shares of common stock at $9.25 per share. The offering is being conducted through an effective shelf registration statement filed with the Securities and Exchange Commission.

The company plans to use net proceeds for general corporate purposes, including funding construction costs for its Arkansas bromine project. TETRA has granted underwriters a 30-day option to purchase up to an additional 1,621,621 shares to cover over-allotments at the same public offering price, minus underwriting discounts and commissions.

J.P. Morgan serves as lead book-running manager, with Jefferies also acting as book-running manager. Berenberg, Johnson Rice & Company, Northland Capital Markets and CJS Securities are co-managers for the offering. The transaction is expected to close on June 4, 2026, subject to customary closing conditions.

The registration statement was filed with the SEC on May 12, 2025, and declared effective on May 22, 2025. TETRA Technologies operates as an energy services and solutions company with operations across six continents, focusing on Energy Services, Industrial Chemicals, and Critical Minerals segments.