secwatch.observer — SEC 8-K summary
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Issuer:     Solaris Energy Infrastructure, Inc. (SEI)
CIK:        0001697500
Form:       8-K
Filed at:   2025-05-02T23:59:59+00:00
Accession:  0001193125-25-111683
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Solaris Energy issues $155M of 4.75% convertible senior notes due 2030
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- $135M base plus $20M full exercise of over-allotment; total $155M principal.
- Notes bear 4.75% interest, mature May 1, 2030; semi-annual payments start Nov 1, 2025.
- Initial conversion price ~$26.39 per share (37.8896 shares per $1,000).
- Concurrent delta offering: 1,193,521 shares of Class A common stock borrowed for hedging.
- Morgan Stanley & Co. acted as representative underwriter for both offerings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1697500/000119312525111683/0001193125-25-111683-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1697500/000119312525111683/d890595d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-111683

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