KLX Energy Services Announces Preliminary Results Of Previously Announced $37.2M Subscription Rights Offering To Fund Debt Redemption And Growth
KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) ("KLX" or the "Company") announced today the preliminary results of its previously announced subscription rights offering (the "Rights Offering"),
KLX raised $37.2 million from shareholders by selling them special subscription rights. The company plans to use this money to pay off debt and invest in growth.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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