Deal Description: On February 11, 2021, Liberty Oilfield Services Inc. (NYSE: LBRT) (“Liberty”) closed an underwritten secondary public offering (the “Offering”) of 8,700,000 shares of its Class A common stock by certain selling stockholders at $11.45 per share. The selling stockholders have granted the underwriter a 30-day option to purchase up to an additional 1,305,000 shares of Class A common stock. Liberty did not receive any of the proceeds from the Offering.
Baker Botts represented the underwriter in the transaction.
Baker Botts Lawyers/Office Involved:
Corporate: Joshua Davidson (Partner; Houston), Eileen Boyce (Senior Associate; Houston), Grace Matthews (Associate; Austin), Malakeh Hijazi (Associate; Houston), Daniel Jung (Associate; Houston)
For more information, please see Liberty Oilfield Services Inc.’s news release by clicking here.
ABOUT BAKER BOTTS L.L.P.
Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit bakerbotts.com.