TETRA Technologies Prices $100M Public Stock Offering Of 10.81M Shares At $9.25/Share, To Use Stock Offering Proceeds for Arkansas Bromine Project

TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced the pricing of an underwritten public offering of 10,810,811 shares of its common stock, par value $0.01 per share ("Common Stock"), at a price to the public of $9.25 per share, pursuant to an effective shelf registration statement on Form S-3 (the "Registration Statement") filed with the U.S. Securities and Exchange Commission (the "SEC").

The Company intends to use the net proceeds it receives from the offering for general corporate purposes, including funding a portion of the construction costs of its Arkansas bromine project.

The Company has granted the underwriters a 30-day option to purchase up to an additional 1,621,621 shares of Common Stock solely to cover any over-allotments at the public offering price, less the underwriting discounts and commissions.

J.P. Morgan is serving as lead book-running manager for the offering. Jefferies is also serving as book-running manager. Berenberg, Johnson Rice & Company, Northland Capital Markets and CJS Securities are serving as co-managers for the offering. The offering is expected to close on June 4, 2026, subject to customary closing conditions.