OMS Energy Technologies Inc. (“OMS” or the “Company”) (NASDAQ: OMSE), a growing manufacturer of surface wellhead systems and oil country tubular goods for the oil and gas sector, headquartered in Singapore, announced today, May 13, 2025, the pricing of its initial public offering (the “Offering”). The offering consists of 3,703,704 ordinary shares, with a par value of US$0.0001 each (the “Ordinary Shares”), priced at US$9.00 per share. This values the total base offering at US$33.3 million, before accounting for underwriting discounts, related expenses, and any potential exercise of the underwriters’ option to purchase additional shares.
Trading of the Ordinary Shares on the Nasdaq Capital Market (“NASDAQ”) is expected to commence on May 13, 2025, under the ticker symbol “OMSE.” The offering is anticipated to close on May 14, 2025, contingent upon standard closing conditions.
OMS has also granted the underwriter an option, valid for 45 days from the date of the final prospectus, to buy up to 555,555 additional ordinary shares at the public offering price, minus underwriting discounts and commissions.
Roth Capital Partners served as the sole manager for the Offering. Joseph Gunnar & Co., LLC provided financial advisory services to the Company in connection with the Offering.
A registration statement pertaining 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. The registration statement is accessible on the SEC’s website at .
The offering will be conducted solely through a prospectus, which is part of the registration statement. Copies of the prospectus related to the offering, when available, can be obtained from Roth Capital Partners, LLC, Attention: Prospectus Department, 888 San Clemente Drive, Suite 400, Newport Beach, California 92660, United States, by calling +1 (800) 678-9147, or by email at . Prior to making any investment decisions, it is important to carefully review the prospectus and other documents filed or to be filed with the SEC for detailed information about the Company and the Offering.
This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall any sale of these securities occur in any state or jurisdiction where such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction.
About OMS Energy Technologies Inc.
OMS Energy Technologies Inc. (NASDAQ: OMSE) is a growth-focused manufacturer specializing in surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry. Catering to both onshore and offshore exploration and production companies, OMS is a trusted supplier in six key regions across the Asia Pacific, Middle East, and North Africa (MENA). The Company operates 11 strategically located manufacturing facilities in key markets, enabling rapid response times, customized technical solutions, and seamless adaptation to changing production and logistics needs. In addition to its core SWS and OCTG products, OMS offers premium threading services to enhance operational efficiency for its clients.
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Forward-Looking Statements
This press release includes “forward-looking” statements as defined by the U.S. Private Securities Litigation Reform Act of 1995’s “safe harbor” provisions. These statements relate to the anticipated size of the initial public offering and the projected commencement of trading and closing dates, among other things. These forward-looking statements are identifiable by terms such as “will,” “would,” “may,” “expects,” “anticipates,” “aims,” “future,” “continues,” “could,” “should,” “target,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions. Statements that do not pertain to historical facts, including those concerning the Company’s beliefs, plans, and expectations, are forward-looking statements involving inherent risks and uncertainties. Actual results could significantly differ from those suggested by these statements due to various important factors, including but not limited to: uncertainties regarding market conditions, the satisfaction of standard closing conditions for the initial public offering, the successful completion of the initial public offering on the expected terms (or at all), and other factors detailed in the “Risk Factors” section of the preliminary prospectus included in the effective registration statement filed with the Securities and Exchange Commission. All information presented in this press release is current as of its date, and the Company undertakes no obligation to update any forward-looking statement, except as required by law.
For investor and media inquiries, please contact:
OMS Energy Technologies Inc.
Investor Relations
Email:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email:
Hui Fan
Tel: +86-10-6508-0677
Email:
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