KLX Energy Services Rights Offering Nearing Expiration Date

KLX Energy Services Holdings, Inc. (NASDAQ: KLXE) ("KLX" or the "Company") announced today that it is nearing the previously announced expiration date for its $125 million backstopped rights offering (the "Rights Offering") of 5:00 pm, New York City time, on September 23, 2026 (the "Expiration Date"). As a reminder, each subscription right entitles the holder to purchase 3.885 shares of common stock at a subscription price of $1.49 per share. No holder (other than the Backstop Parties described