KLX Energy Services Holdings Commences Subscription Rights Offering

KLX Energy Services Holdings, Inc. (KLXE) commenced its previously announced subscription rights offering on August 24, 2026. Eligible holders of common stock and outstanding warrants as of August 21, 2026, will receive one subscription right for each share or underlying share, entitling them to purchase 3.885 shares of common stock at a subscription price of $1.49 per share. The rights will trade on Nasdaq under the symbol “KLXER” and the offering is set to expire on September 23, 2026.