NCS Multistage Holdings, Inc. Prices Initial Public Offering

HOUSTON--()--NCS Multistage Holdings, Inc. (“NCS” or the “Company”) announced today the pricing of its initial public offering of 9,500,000 shares of its common stock at a public offering price of $17.00 per share. The Company’s shares are expected to begin trading on the NASDAQ Global Select Market on April 28, 2017 under the ticker symbol “NCSM.” In addition, the underwriters have been granted a 30-day option to purchase up to an additional 1,425,000 shares from certain selling stockholders at the initial public offering price, less underwriting discounts and commissions. The offering is expected to close on May 3, 2017, subject to customary closing conditions.

The total net proceeds of the offering will be approximately $148.9 million, after deducting underwriting discounts and commissions and estimated offering expenses. The Company intends to use the net proceeds to repay certain outstanding indebtedness and use the remainder for general corporate purposes.

Credit Suisse, Citigroup and Wells Fargo Securities are acting as book-running managers and representatives of the underwriters for the proposed offering. J.P Morgan, Simmons & Company International (Energy Specialists of Piper Jaffray), Raymond James, RBC Capital Markets and Tudor, Pickering, Holt & Co. are also acting as book-running managers for the offering.

The offering is being made only by means of a prospectus. When available, a copy of the prospectus may be obtained from Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY 10010, by telephone at 1-800-221-1037 or by email at newyork.prospectus@credit-suisse.com; or Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by telephone at 1-800-831-9146; or from Wells Fargo Securities, LLC, Attention: Equity Syndicate Dept., 375 Park Avenue, New York, New York 10152, by telephone at 1-800-326-5897 or by email at cmclientsupport@wellsfargo.com.

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the 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 NCS

NCS Multistage Holdings, Inc. is a leading provider of highly engineered products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies.

Contacts

for NCS Multistage
Virginia Brooks, 214-932-5859
virginia@brooksandassociatespr.com
IR@ncsmultistage.com

Release Summary

NCS Multistage Holdings, Inc. (“NCS” or the “Company”) announced today the pricing of its initial public offering of 9,500,000 shares of its common stock at a public offering price of $17.00 per share

Contacts

for NCS Multistage
Virginia Brooks, 214-932-5859
virginia@brooksandassociatespr.com
IR@ncsmultistage.com