Amberjack said to offer Innovex shares for $25.50-$26.50 each

Amberjack said to offer Innovex shares for $25.50-$26.50 each

Amberjack Capital Offers Innovex International Shares at $25.50–$26.50
February 25, 2026

Amberjack Capital, a private investment firm, has reportedly offered shares of Innovex International, Inc. (NYSE: INVX) at a price range of $25.50 to $26.50 per share, according to recent market activity. This follows the company's formation in September 2024 through the merger of Dril-Quip, Inc. (NYSE: DRQ) and Innovex Downhole Solutions, Inc. according to recent market activity. The combined entity, which began trading under the ticker symbol "INVX" on September 9, 2024, operates as a global provider of engineered equipment and services for upstream oil and gas operations according to recent market activity.

The merger created a diversified energy industrial platform with operations spanning North America, Latin America, Europe, the Middle East, and Asia according to recent market activity. Innovex International's portfolio includes technologies designed to optimize well lifecycle efficiency, reduce operational costs, and minimize service footprints for clients. Adam Anderson, CEO of Innovex International, emphasized the merger's potential to enhance growth, cash flow, and shareholder value through integrated solutions and a "No Barriers" corporate culture according to recent market activity.

Amberjack Capital's stake in the company remains significant, as funds managed by the firm constitute the largest shareholder of Innovex International following the merger's completion according to recent market activity. The price range of $25.50–$26.50 reflects ongoing investor interest in the company's strategic positioning within the energy sector. However, the company has issued cautionary notes regarding forward-looking statements, including risks tied to oil price volatility, regulatory changes, and global energy transition trends according to recent market activity.

For investors, the offering underscores the evolving dynamics of the energy industrial sector, with Innovex International's expanded capabilities positioning it to navigate both traditional and emerging market demands.

Contact Information
Investor inquiries: Erin Fazio, Director of Corporate Finance, erin_fazio@dril-quip.comaccording to recent market activity.
Media inquiries: Nichola Alexander, Director of Marketing, nichola.alexander@innovex-inc.comaccording to recent market activity.

Innovex and Dril-Quip Complete Merger, Creating Unique... (Amberjack Capital, September 6, 2024).
Innovex Management Team and Board of Directors Ring... (Amberjack Capital, September 20, 2024).