secwatch.observer — SEC 8-K summary
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Issuer:     Select Water Solutions, Inc. (WTTR)
CIK:        0001693256
Form:       8-K
Filed at:   2021-08-20T23:59:59+00:00
Accession:  0001104659-21-108167
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Select Energy Services enters stalking horse deal to acquire Agua Libre Midstream for $15M cash and 902,593 shares
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- Consideration: $15M cash plus 902,593 shares of WTTR Class A common stock.
- Stalking horse bid under Section 363 of Bankruptcy Code; subject to court approval and competing bids at auction.
- Agua Libre operates water midstream, logistics, and production services in TX, NM, OK, LA, ND.
- Acquisition would expand Select's produced water infrastructure and reuse capabilities, particularly in Permian Basin.
- Expected to close in second half of 2021; business to remain operational throughout process.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1693256/000110465921108167/0001104659-21-108167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1693256/000110465921108167/tm2125615d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-108167

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