---
schema_version: "secwatch.filing_event.v1"
accession: "0001529628-22-000024"
form_type: "8-K"
ticker: "SND"
cik: "0001529628"
company_name: "Smart Sand, Inc."
filed_at: "2022-03-08T23:59:59+00:00"
generated_at: "2026-06-27T00:44:37.611050+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Smart Sand acquires idled Wisconsin frac sand mine from Hi-Crush for $6.45M cash

## Summary
- Acquired Hi-Crush Blair LLC for $6.45M cash; asset includes idled frac sand mine with 2.8M tons annual capacity and unit-train rail terminal.
- Clearlake Capital affiliates own ~24% of Smart Sand and significant stake in Hi-Crush; transaction approved by disinterested directors.
- Blair mine is currently idled; Smart Sand gains optionality to restart production when market conditions improve.
- Purchase agreement includes customary representations, warranties, and indemnities; closing occurred on March 4, 2022.

## SEC filing metadata
- accession: 0001529628-22-000024
- form_type: 8-K
- ticker: SND
- cik: 0001529628
- company_name: Smart Sand, Inc.
- filed_at: 2022-03-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529628/000152962822000024/0001529628-22-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529628/000152962822000024/snd-20220304.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001529628-22-000024
- JSON: https://secwatch.observer/filing/0001529628-22-000024.json
- Plain text: https://secwatch.observer/filing/0001529628-22-000024.txt

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