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Cactus begins secondary public offering of common stock


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Cactus begins secondary public offering of common stock

Cactus Inc. said March 18 that it started a secondary underwritten offering of 8,500,000 shares of its class A common stock by selling stockholders.

The company will not receive any proceeds from the offering.

Citigroup and Credit Suisse are acting as joint book-running managers for the offering.