“Liberty Oilfield Services” has launched an initial public offering

Liberty Oilfield Services Inc. (NYSE: LBRT) (“Liberty”) announced today that it has launched an initial public offering (IPO)of 10,714,286 shares of its Class A common stock at an anticipated initial offering price between $14.00 and $16.00 per share pursuant to a registration statement on Form S-1 (the “Registration Statement”) previously filed with the Securities and Exchange Commission (the “SEC”). In addition, Liberty and the selling shareholder intend to grant the underwriters a 30-day option to purchase up to an additional 1,607,143 shares of Liberty’s Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares have been authorized for listing on the New York Stock Exchange under the ticker symbol “LBRT,” subject to official notice of issuance. Read more