other material
confidence high
sentiment neutral
materiality 0.75
Select Water Solutions prices $175M public offering of common stock at $12.75/share
Select Water Solutions, Inc.
- Offering of 13,725,491 shares of Class A common stock at $12.75 per share.
- Underwriters granted 30-day option to purchase up to 2,058,824 additional shares ($26.25M).
- Net proceeds of ~$166.6M to be used for water infrastructure growth, acquisitions, or debt repayment.
- Offering expected to close Feb 23, 2026; J.P. Morgan and BofA Securities lead book-running managers.