Advent-backed NCS Sets IPO Pricing Terms

4/18/17

HOUSTON–(BUSINESS WIRE)–NCS Multistage Holdings, Inc., announced today that it has launched an initial public offering of 9,500,000 shares of its common stock at a price to the public between $15.00 and $18.00 per share pursuant to a registration statement on Form S-1 previously filed with the United States Securities and Exchange Commission. The underwriters of the offering have been granted an option, exercisable within 30 days from the date of the final prospectus relating to the offering, to purchase up to an additional 1,425,000 shares of common stock from certain selling shareholders on the same terms and conditions. NCS has applied to list the shares of common stock on the NASDAQ Global Select Market under the ticker symbol “NCSM.”

NCS intends to use the net proceeds from the offering 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.

About NCS

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

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