Ranger Industries, Inc. (RNGR) Prices 5.86M Share IPO at $14.50/Sh

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Ranger Energy Services, Inc. Prices Initial Public Offering

August 10, 2017 10:01 PM EDT

HOUSTON--(BUSINESS WIRE)-- Ranger Energy Services, Inc. (NYSE: RNGR) (Ranger) announced today the pricing of its initial public offering of 5,862,069 shares of its Class A common stock at $14.50 per share. The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol RNGR on August 11, 2017. In addition, Ranger granted the underwriters a 30-day option to purchase up to an additional 879,310 shares of Rangers Class A common stock at the initial public offering price, less underwriting discounts and commissions. The offering is expected to close on August 16, 2017, subject to customary closing conditions.... More