#United States #Gainesville #Class A Common Stock #IPO #Select Water Solutions

Select Water Solutions Sets Pricing for Public Offering

In a significant move promising future growth, Select Water Solutions, Inc. has announced the pricing of its upcoming public offering of shares. This initiative involves an issuance of 13,725,491 shares of Class A common stock priced at $12.75 per share, reflecting the company’s commitment to enhancing its role in the sustainable water solutions sector.

Purpose of the Offering

The funds raised from this offering are earmarked for various corporate purposes including crucial investments in water infrastructure projects, potential acquisitions, and debt repayment associated with the company's sustainability-linked credit facility. The strategic direction comes amidst a growing demand for sustainable resource management in the energy industry, which is where Select Water Solutions has established its niche.

Underwriters and Offering Details

The offering is backed by a robust underwriting team led by J.P. Morgan and BofA Securities, with additional support from firms like Citigroup and Piper Sandler. As part of the offering, underwriters have a 30-day option to buy up to 2,058,824 additional shares at the public offering price, which can significantly enhance the capital raised should there be strong demand. The closure of this offering is anticipated to occur by February 23, 2026, pending standard closing conditions.

Filing and Prospectus Information

The registration for this stock offering was filed with the U.S. Securities and Exchange Commission (SEC). This process also includes a prospectus that provides detailed information regarding the offering and the financial standing of the company. Investors can access the registration statement, once available, via the SEC's website. It's crucial to note that this announcement does not serve as an offer to sell or solicit purchases of the shares; such actions will only be possible in accordance with legal regulations and proper filings.

Company Overview

Founded with a vision to provide innovative water solutions, Select Water Solutions has positioned itself as a leader in the field. It specializes not only in sustainable water solutions but also leverages its extensive chemical production capabilities to meet the demands of the energy sector. With a robust infrastructure already in place, this latest move to expand through a public offering reflects its commitment to growth and environmental sustainability.

Forward-Looking Statements

As part of this announcement, Select Water Solutions has included caution regarding forward-looking statements. The company emphasizes that while the intentions behind the offering are sound, actual results could diverge due to various risks and uncertainties inherent in market conditions and operational capabilities. Investors are encouraged to view these statements critically and consider potential market changes affecting future performance.

Conclusion

In the backdrop of increasing environmental concerns and resource scarcity, Select Water Solutions is poised to lead in sustainable water management solutions through this well-timed public offering. As the offering progresses, both existing stakeholders and potential investors are keenly observing the company’s trajectory and its commitment to sustainable growth in the years to come.