Mammoth Energy Services (TUSK) IPO Opens Lower
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Mammoth Energy (TISK) Prices 7.75M Common Stock IPO at $15/Share, at Low-End of Expected Range
October 14, 2016 5:52 AM EDTMammoth Energy Services, Inc. (Nasdaq: TUSK) announced that it has priced the initial public offering of 7,750,000 shares of its common stock at a public offering price of $15.00 per share, of which 7,500,000 shares will be sold by Mammoth Energy and 250,000 shares will be sold by certain selling stockholders named in the registration statement relating to this offering. The underwriters have a 30-day option to purchase up to an additional 1,162,500 shares of common stock at the same price per share, all of which would be sold by the selling stockholders.
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