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WHD - Cactus raises $173M through secondary offering
Cactus Inc. Class A
Cactus (WHD) has priced its secondary offering of 5.5M Class A common shares by certain selling stockholders for total gross proceeds of $173.3M.Underwriters' over-allotment is an additional 825K shares. Cactus will not receive any of the proceeds from share sale.Closing date is March 12.Previously (March 8): Cactus launches 5.5M-share secondary offering