STOCK TITAN

OMS Energy Technologies Inc. Announces Pricing of Initial Public Offering

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

OMS Energy Technologies (NASDAQ: OMSE), a manufacturer of surface wellhead systems and oil country tubular goods for the oil and gas industry, has announced the pricing of its Initial Public Offering. The company is offering 3,703,704 ordinary shares at $9.00 per share, aiming to raise $33.3 million before deducting underwriting costs and expenses.

Trading is set to commence on the Nasdaq Capital Market on May 13, 2025, under the ticker symbol "OMSE". The underwriter, Roth Capital Partners, has been granted a 45-day option to purchase up to 555,555 additional shares. The offering is expected to close on May 14, 2025, subject to customary conditions.

OMS Energy Technologies (NASDAQ: OMSE), produttore di sistemi di testa pozzo superficiali e prodotti tubolari per l'industria petrolifera e del gas, ha annunciato il prezzo della sua Offerta Pubblica Iniziale. La società offre 3.703.704 azioni ordinarie a 9,00 dollari per azione, con l'obiettivo di raccogliere 33,3 milioni di dollari prima di detrarre i costi e le spese di sottoscrizione.

La negoziazione inizierà sul Nasdaq Capital Market il 13 maggio 2025, con il simbolo "OMSE". Il sottoscrittore, Roth Capital Partners, ha ricevuto un'opzione di 45 giorni per acquistare fino a 555.555 azioni aggiuntive. L'offerta dovrebbe concludersi il 14 maggio 2025, salvo condizioni consuete.

OMS Energy Technologies (NASDAQ: OMSE), fabricante de sistemas de cabezal de pozo superficial y productos tubulares para la industria del petróleo y gas, ha anunciado el precio de su Oferta Pública Inicial. La compañía ofrece 3.703.704 acciones ordinarias a 9,00 dólares por acción, con el objetivo de recaudar 33,3 millones de dólares antes de deducir costos y gastos de suscripción.

La negociación comenzará en el Nasdaq Capital Market el 13 de mayo de 2025, bajo el símbolo "OMSE". El suscriptor, Roth Capital Partners, ha recibido una opción de 45 días para comprar hasta 555.555 acciones adicionales. Se espera que la oferta cierre el 14 de mayo de 2025, sujeto a condiciones habituales.

OMS Energy Technologies (NASDAQ: OMSE)는 석유 및 가스 산업용 표면 웰헤드 시스템과 석유 시추용 튜브 제품 제조업체로서, 기업공개(IPO) 가격을 발표했습니다. 회사는 3,703,704주의 보통주를 주당 9.00달러에 제공하여 인수 비용 및 경비 공제 전 3,330만 달러를 조달하는 것을 목표로 하고 있습니다.

거래는 2025년 5월 13일 나스닥 캐피탈 마켓에서 티커 심볼 "OMSE"로 시작될 예정입니다. 인수업체인 Roth Capital Partners는 45일 동안 최대 555,555주 추가 매입 옵션을 부여받았습니다. 이번 공모는 통상적인 조건에 따라 2025년 5월 14일 종료될 예정입니다.

OMS Energy Technologies (NASDAQ : OMSE), fabricant de systèmes de tête de puits en surface et de tubes pour l'industrie pétrolière et gazière, a annoncé le prix de son offre publique initiale. La société propose 3 703 704 actions ordinaires au prix de 9,00 dollars par action, visant à lever 33,3 millions de dollars avant déduction des frais et coûts de souscription.

La cotation débutera sur le Nasdaq Capital Market le 13 mai 2025 sous le symbole « OMSE ». Le souscripteur, Roth Capital Partners, bénéficie d'une option de 45 jours pour acheter jusqu'à 555 555 actions supplémentaires. L'offre devrait se clôturer le 14 mai 2025, sous réserve des conditions habituelles.

OMS Energy Technologies (NASDAQ: OMSE), ein Hersteller von Oberflächen-Wellhead-Systemen und Rohrprodukten für die Öl- und Gasindustrie, hat die Preisfestsetzung seines Initial Public Offering bekanntgegeben. Das Unternehmen bietet 3.703.704 Stammaktien zu je 9,00 US-Dollar an, mit dem Ziel, vor Abzug der Emissionskosten und -aufwendungen 33,3 Millionen US-Dollar zu erlösen.

Der Handel soll am 13. Mai 2025 an der Nasdaq Capital Market unter dem Tickersymbol „OMSE“ beginnen. Der Underwriter Roth Capital Partners erhielt eine 45-tägige Option zum Kauf von bis zu 555.555 zusätzlichen Aktien. Das Angebot soll am 14. Mai 2025, vorbehaltlich üblicher Bedingungen, abgeschlossen werden.

Positive
  • New access to public capital markets through NASDAQ listing
  • Successfully raised $33.3 million in initial funding
  • Additional funding potential through underwriter's option to purchase extra shares
Negative
  • Potential dilution for existing shareholders
  • Public company compliance costs and regulatory requirements

Insights

OMS Energy Technologies completes $33.3M IPO at $9/share, below typical energy sector IPO size, suggesting cautious market reception.

OMS Energy Technologies has successfully priced its IPO at $9.00 per Ordinary Share, raising $33.3 million before expenses (assuming the underwriter's option remains unexercised). This offering of 3,703,704 shares represents the company's debut on the Nasdaq Capital Market under ticker "OMSE."

The IPO size is notably modest compared to typical energy sector offerings, which often range from $100-300 million. This relatively small capital raise might indicate either a cautious approach from management or limited investor appetite in current market conditions. The underwriter's 45-day option to purchase an additional 555,555 shares could potentially increase proceeds by approximately $5 million if fully exercised.

The company's focus on manufacturing surface wellhead systems and oil country tubular goods positions it in the energy infrastructure segment rather than direct exploration and production. This equipment-focused business model typically provides more stable revenue than pure-play oil producers, though still remains cyclical with industry capital expenditure trends.

With Roth Capital Partners acting as sole manager, and the relatively small offering size, this suggests a concentrated marketing effort rather than a broadly syndicated deal. The offering's pricing and size may reflect current investor sentiment toward energy investments amid ongoing energy transition discussions, though the successful IPO completion indicates there remains institutional interest in well-positioned energy equipment providers.

SINGAPORE, May 13, 2025 (GLOBE NEWSWIRE) -- OMS Energy Technologies Inc. (“OMS” or the “Company”) (NASDAQ: OMSE), a growth-oriented manufacturer of surface wellhead systems and oil country tubular goods for the oil and gas industry, today announced the pricing of its initial public offering (the “Offering”) of 3,703,704 ordinary shares, par value US$0.0001 per share (the “Ordinary Shares”), at a public offering price of US$9.00 per share, for a total base offering size of US$33.3 million, assuming the underwriters do not exercise their option to purchase additional ordinary shares, before deducting underwriting discounts and other related expenses.

The Ordinary Shares are expected to begin trading on the Nasdaq Capital Market (the “NASDAQ”) on May 13 2025, under the ticker symbol “OMSE.” The offering is expected to close on May 14, 2025, subject to customary closing conditions.

In addition, OMS has granted the underwriter a 45-day option from the date of the final prospectus to purchase up to 555,555 additional ordinary shares at the public offering price, less underwriting discounts and commissions.

Roth Capital Partners acted as the sole manager for the Offering. Joseph Gunnar & Co., LLC acted as financial advisor to the Company in connection with the Offering.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) (File Number: 333-282986), as amended, and was declared effective by the SEC on April 28, 2025. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.

The offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the prospectus related to the offering, when available, may be obtained from: Roth Capital Partners, LLC, Attention: Prospectus Department, 888 San Clemente Drive, Suite 400, Newport Beach, California 92660, United States, or by calling +1 (800) 678-9147, or by email at rothecm@roth.com. Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About OMS Energy Technologies Inc.

OMS Energy Technologies Inc. (NASDAQ: OMSE) is a growth-oriented manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry. Serving both onshore and offshore exploration and production operators, OMS is a trusted supplier across six vital jurisdictions in the Asia Pacific, Middle Eastern and North African (MENA) regions. The Company’s 11 strategically located manufacturing facilities in key markets ensure rapid response times, customized technical solutions and seamless adaptation to evolving production and logistics needs. Beyond its core SWS and OCTG offerings, OMS also provides premium threading services to maximize operational efficiency for its customers.

For more information, please visit ir.omsos.com.

Forward-Looking Statements

This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements relating to the anticipated size of the initial public offering and the expected trading commencement and closing dates. These forward-looking statements can be identified by terminology such as “will,” “would,” “may,” “expects,” “anticipates,” “aims,” “future,” “continues,” “could,” “should,” “target,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: uncertainties related to market conditions, the satisfaction of customary closing conditions related to the initial public offering, the completion of the initial public offering on the anticipated terms, or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus that forms a part of the effective registration statement filed with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

OMS Energy Technologies Inc.
Investor Relations
Email: ir@omsos.com

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: oms@thepiacentegroup.com

Hui Fan
Tel: +86-10-6508-0677
Email: oms@thepiacentegroup.com


FAQ

When will OMS Energy Technologies (OMSE) start trading on NASDAQ?

OMS Energy Technologies (OMSE) is scheduled to begin trading on the Nasdaq Capital Market on May 13, 2025.

What is the IPO price for OMS Energy Technologies (OMSE) stock?

OMS Energy Technologies has priced its IPO at $9.00 per ordinary share.

How much money is OMS Energy Technologies (OMSE) raising in its IPO?

OMS Energy Technologies is raising $33.3 million through its IPO, before deducting underwriting discounts and expenses, based on offering 3,703,704 ordinary shares.

Who is the underwriter for the OMS Energy Technologies (OMSE) IPO?

Roth Capital Partners is acting as the sole manager for the OMS Energy Technologies IPO, with Joseph Gunnar & Co., LLC serving as financial advisor.

What does OMS Energy Technologies (OMSE) manufacture?

OMS Energy Technologies manufactures surface wellhead systems and oil country tubular goods for the oil and gas industry.
OMS Energy Technologies, Inc.

NASDAQ:OMSE

OMSE Rankings

OMSE Latest News

OMSE Stock Data

5.56M