Latham & Watkins Advises on Flowco’s US$197.3 Million Secondary Offering of Common Stock, Including Full Exercise of the Underwriters’ Over‑Allotment, and Concurrent Share Repurchase

Flowco Holdings Inc. (Flowco) (NYSE: FLOC) announced the closing of an underwritten public offering by certain affiliates of GEC Advisors LLC (the Selling Stockholders) of an aggregate of 8,970,000 shares of Flowco’s Class A common stock at a public offering price of US$22 per share. The shares of common stock issued and sold in the offering include 1,170,000 shares issued upon the full exercise by the underwriter of its option to purchase additional shares of common stock at the offering price, less underwriting discounts and commissions. In connection with the offering, Flowco repurchased from the underwriters 780,000 shares of its Class A common stock that were the subject of the offering at the price per share received by the Selling Stockholders in the offering.

Latham & Watkins LLP represented the underwriters in the transaction with a corporate team led by Houston partners Ryan Maierson and Nick Dhesi, with associates Paul Robe, Caitlyn Fiebrich, Nikky Wei, and Jennifer Pitsch Hayes. Advice was also provided on tax matters by Houston partner Bryant Lee, with associate Lucas Migliano; on benefits matters by Washington, D.C. partner Adam Kestenbaum and Los Angeles/New York counsel Aryeh Zuber; and on environmental matters by Los Angeles and Houston partner Joshua Marnitz, with associate Bruce Johnson.