Cactus Closes Public Secondary Offering of Common Stock by Selling Stockholders
Deals & Cases
March 21, 2019
Vinson & Elkins served as underwriters’ counsel in connection with Cactus, Inc.’s underwritten secondary offering of 8,500,000 shares of its Class A common stock by certain selling stockholders for total gross proceeds of $308.1 million. The offering closed on March 21, 2019.
The V&E corporate team was led by partner Shelley Barber with senior associate Chris Mathiesen and associates David Choi and Maram Mahajna. Partners David Peck and Lina Dimachkieh and associate Virginia Blanton provided tax advice.
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