Flowco Holdings Inc. Files IPO Amendment
Ticker: FLOC · Form: S-1/A · Filed: Jan 7, 2025 · CIK: 2035149
Sentiment: neutral
Topics: ipo, oil-gas, sec-filing
TL;DR
Flowco Holdings Inc. just amended its IPO filing. Get ready for some new oil & gas equipment stock.
AI Summary
Flowco Holdings Inc. filed an S-1/A amendment on January 7, 2025, for its initial public offering. The company, based in Houston, Texas, operates in the Oil & Gas industry, specifically in machinery and equipment. The filing details its registration number as 333-283663 and provides contact information for its principal executive offices and agent for service.
Why It Matters
This S-1/A filing indicates Flowco Holdings Inc. is moving forward with its public offering, which could impact the oil and gas equipment sector and provide new investment opportunities.
Risk Assessment
Risk Level: medium — As a company going public, Flowco Holdings Inc. faces inherent market risks and uncertainties associated with an IPO, especially in the volatile oil and gas sector.
Key Numbers
- 333-283663 — SEC Registration Number (Identifies the specific registration statement for the offering.)
- 3533 — SIC Code (Classifies the company's industry as OIL & GAS FILED MACHINERY & EQUIPMENT.)
Key Players & Entities
- Flowco Holdings Inc. (company) — Registrant
- January 7, 2025 (date) — Filing date
- 333-283663 (registration_number) — SEC registration number
- Houston, Texas (location) — Company headquarters
- Joseph R. Edwards (person) — President and Chief Executive Officer
- David C. Buck (person) — Legal counsel
- John W. Stribling (person) — Legal counsel
- Ryan J. Maierson (person) — Legal counsel
- Nick S. Dhesi (person) — Legal counsel
- Latha (person) — Legal counsel
FAQ
What is the purpose of this S-1/A filing?
This is an amendment (Amendment No. 3) to the Form S-1 Registration Statement, indicating updates or revisions to the initial filing for Flowco Holdings Inc.'s public offering.
When was this amendment filed?
The amendment was filed with the SEC on January 7, 2025.
What industry does Flowco Holdings Inc. operate in?
Flowco Holdings Inc. operates in the OIL & GAS FILED MACHINERY & EQUIPMENT industry, as indicated by its SIC code 3533.
Where are Flowco Holdings Inc.'s principal executive offices located?
The company's principal executive offices are located at 1300 Post Oak Blvd., Suite 450, Houston, Texas 77056.
Who is listed as the President and Chief Executive Officer of Flowco Holdings Inc.?
Joseph R. Edwards is listed as the President and Chief Executive Officer of Flowco Holdings Inc.
Filing Stats: 4,471 words · 18 min read · ~15 pages · Grade level 15 · Accepted 2025-01-07 06:22:36
Key Financial Figures
- $21.00 — of Class A common stock will be between $21.00 and $23.00. We have applied to list our
- $23.00 — common stock will be between $21.00 and $23.00. We have applied to list our Class A co
- $125 million — est in purchasing up to an aggregate of $125 million in Class A common stock in this offerin
Filing Documents
- d808403ds1a.htm (S-1/A) — 3426KB
- d808403dex11.htm (EX-1.1) — 231KB
- d808403dex51.htm (EX-5.1) — 10KB
- d808403dex101.htm (EX-10.1) — 188KB
- d808403dex231.htm (EX-23.1) — 1KB
- d808403dex232.htm (EX-23.2) — 2KB
- d808403dex233.htm (EX-23.3) — 2KB
- d808403dex234.htm (EX-23.4) — 1KB
- d808403dexfilingfees.htm (EX-FILING FEES) — 17KB
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- 0001193125-25-002509.txt ( ) — 7194KB
RISK FACTORS
RISK FACTORS 28 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS 58 OUR ORGANIZATIONAL STRUCTURE 61
USE OF PROCEEDS
USE OF PROCEEDS 66 CAPITALIZATION 67 DIVIDEND POLICY 69 UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL INFORMATION 73
MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 87 INDUSTRY OVERVIEW 106
BUSINESS
BUSINESS 116 MANAGEMENT 133
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 140 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 146 PRINCIPAL STOCKHOLDERS 160
DESCRIPTION OF CAPITAL STOCK
DESCRIPTION OF CAPITAL STOCK 163 DESCRIPTION OF INDEBTEDNESS 170 SHARES ELIGIBLE FOR FUTURE SALE 173 MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS TO NON-U.S. HOLDERS OF CLASS A COMMON STOCK 175 UNDERWRITING (CONFLICTS OF INTEREST) 179 LEGAL MATTERS 189 EXPERTS 189 WHERE YOU CAN FIND MORE INFORMATION 190 GLOSSARY OF OIL AND GAS TERMS 191 INDEX TO FINANCIAL STATEMENTS F-i We have not, and the underwriters have not, authorized anyone to give you any information other than in this prospectus and the information incorporated by reference herein. We can provide no assurances as to the reliability of any other information that others may give you. No dealer, salesperson or other person is authorized to give any information or to represent anything not contained in this prospectus or in any free writing prospectus that we file with the Securities and Exchange Commission. This prospectus is an offer to sell only the shares offered by this prospectus, but only under circumstances and in jurisdictions where it is lawful to do so. The information contained in this prospectus is current only as of its date regardless of the time of delivery of this prospectus or of any sale of our Class A common stock. Our business, financial condition, results of operations and prospects may have changed since that date. Through and including , 2025 (the 25th day after the date of this prospectus), all dealers effecting transactions in these securities, whether or not participating in this offering, may be required to deliver a i Table of Contents prospectus. This is in addition to a dealers obligation to deliver a prospectus when acting as an underwriter and with respect to an unsold allotment or subscription. For investors outside the United States: We have not, and the underwriters have not, done anything that would permit this offering or the possession or distribution of this prospectus or any free writing prospectus we may provide to yo