---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-199898"
form_type: "8-K"
ticker: null
cik: "0001910950"
company_name: "Atlas Energy Solutions Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:19:00.274887+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Atlas Energy to eliminate Up-C structure via reorganization; enters $180M term loan

## Summary
- Reorganization exchanges each Class A share for one share of New Atlas HoldCo; Class B shares cancelled.
- New $180M term loan from Stonebriar at 9.50% interest, 84 monthly installments, matures August 2030.
- Up to $100M delayed draw term loan at Term SOFR + 5.95%, with interest-only payments through Jan 2025.
- Proceeds used to repay prior Stonebriar loan ($180M) and equipment leases; remaining for general corporate purposes.
- Reorganization subject to stockholder vote, SEC effectiveness of Form S-4, and NYSE listing; ticker remains AESI.

## SEC filing metadata
- accession: 0001193125-23-199898
- form_type: 8-K
- cik: 0001910950
- company_name: Atlas Energy Solutions Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1910950/000119312523199898/0001193125-23-199898-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1910950/000119312523199898/d525474d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-199898
- JSON: https://secwatch.observer/filing/0001193125-23-199898.json
- Plain text: https://secwatch.observer/filing/0001193125-23-199898.txt

## Key facts
- Debt Financings
  Atlas Energy Solutions Inc. incurred term loan.
  - Instrument: term loan
  - Event: incurrence
  source text: The disclosures of the material terms and conditions of the 2023 Term Loan Credit Agreement and the 2023 Term Loan Credit Facility contained in Item 1.01 above are hereby incorporated into this Item 2.03 by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1910950/000119312523199898/0001193125-23-199898-index.htm
- Material Agreements
  Atlas Energy Solutions Inc. entered into Master Reorganization Agreement with New Atlas HoldCo Inc. valued at Reorganization transaction to eliminate Up-C structure and transition to single class common stock (effective 2023-07-31).
  - Action: entry
  - Agreement: merger
  - Counterparty: New Atlas HoldCo Inc.
  - Value: Reorganization transaction to eliminate Up-C structure and transition to single class common stock
  - Effective: 2023-07-31
  source text: On July 31, 2023, Atlas Energy Solutions Inc. (the “ Company ” or “ Atlas ”), entered into a Master Reorganization Agreement (the “ MRA ”) to reorganize under a new public holding company (the “ Reorganization ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1910950/000119312523199898/0001193125-23-199898-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.