6,750,000 Shares Superior Drilling Products, Inc. Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • May 28th, 2014 • Superior Drilling Products, Inc. • Oil & gas field machinery & equipment • California
Superior Drilling Products, Inc., a Utah corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the several underwriters named in Schedule I hereto (the “Underwriters”) an aggregate of 6,750,000 authorized but unissued shares (the “Underwritten Shares”) of Common Stock, no par value per share (the “Common Stock”), of the Company. The Company has granted the Underwriters the option to purchase an aggregate of up to 1,012,500 additional shares of Common Stock (the “Additional Shares”) as may be necessary to cover over-allotments made in connection with the offering. The Underwritten Shares and Additional Shares are collectively referred to as the “Shares.”
