Archrock Announces Commencement of Public Offering of Common Stock
Archrock(AROC) GlobeNewswire News Room·2024-07-23 04:52
HOUSTON, July 22, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) announced today that it has commenced an underwritten public offering (the “offering”) of 11,000,000 shares of its common stock (the “common stock”). Archrock will grant the underwriters an option for 30 days to purchase up to an additional 1,650,000 shares of common stock from Archrock. Archrock intends to use the net proceeds from the offering to fund the cash portion of the purchase price for the previously announced acqu ...