M&A
confidence high
sentiment positive
materiality 0.75
Atlas Energy Solutions to acquire Moser Energy Systems for $180M cash plus stock
Atlas Energy Solutions Inc.
- Aggregate consideration of $180M in cash plus approx. 1.7M shares of AESI common stock, subject to customary adjustments.
- Purchaser may elect to pay all cash instead of stock; if stock issued, company may redeem within 90 days.
- Atlas amended its term loan to add $100M delayed draw term loan to partially finance the acquisition.
- Closing expected by May 27, 2025, subject to HSR and other customary conditions.
- Seller subject to 90-day lock-up on stock consideration; registration rights agreement required.