other material
confidence high
sentiment neutral
materiality 0.65
Select Water Solutions closes $201.25M common stock offering; underwriters exercised option in full
Select Water Solutions, Inc.
- Aggregate gross proceeds of approximately $201.25 million from sale of Class A common stock at $12.75 per share.
- Underwriters exercised 30-day option for additional $26.25 million in full, closing occurred February 25, 2026.
- J.P. Morgan and BofA Securities acted as representatives of the underwriters for the offering.
- Previously disclosed underwriting agreement for $175 million base offering with up to $26.25 million option.