Business
Innovex International, Inc. Announces Pricing of Underwritten Offering of 5,750,000 Shares of Common Stock by Selling Stockholders
HOUSTON, February 26, 2026--INNOVEX INTERNATIONAL, INC. ANNOUNCES PRICING OF UNDERWRITTEN OFFERING OF 5,750,000 SHARES OF COMMON STOCK BY SELLING STOCKHOLDERS
About this update from Innovex International, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1753,"height":379,"url":"https://media.zenfs.com/en/business-wire.com/ca71157525106f99a3d7d073cff6a254"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Ec22HMCBDJ6ZfTKZ4pZIdQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTIwODtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/ca71157525106f99a3d7d073cff6a254","width":960,"height":208},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/sQ9pDp6TS1g5wXSHMIGNQQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD01MTg7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/ca71157525106f99a3d7d073cff6a254","width":1200,"height":259}},"lazy":false},{"type":"text","content":"HOUSTON, February 26, 2026--(BUSINESS WIRE)--Innovex International, Inc. (NYSE: INVX) ("Innovex" or the "Company") today announced the pricing of an underwritten offering (the "Offering") of 5,750,000 shares of its common stock by certain affiliates of Amberjack Capital Partners, L.P. (the "Selling Stockholders"), at a price to the public of $25.75 per share. In addition, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 862,500 additional shares of the Company’s common stock. Innovex will not sell any shares of its common stock in the Offering and will not receive any proceeds from the sale of the shares of its common stock being offered by the Selling Stockholders. The Offering is expected to close on February 27, 2026, subject to customary closing conditions.","length":851,"tagName":"p"},{"type":"text","content":"Subject to the closing of the Offering, the Company intends to purchase from the underwriters 575,000 shares of its common stock at the price per share to be received by the Selling Stockholders in the Offering (the "Share Repurchase"). The Offering is not conditioned upon the closing of the Share Repurchase, but the Share Repurchase is conditioned upon the closing of the Offering. The Share Repurchase will be conducted pursuant to Innovex’s existing share repurchase program.","length":490,"tagName":"p"},{"type":"text","content":"J.P. Morgan, Citigroup, Jefferies, and Piper Sandler are acting as joint book-running managers for the Offering. The Offering is being made only by means of a prospectus sup...