other material
confidence high
sentiment neutral
materiality 0.20
Smart Sand ends unused $25M stock sale agreement with Clearlake Capital
Smart Sand, Inc.
- Terminated Open Market Sale Agreement with Clearlake Capital and Jefferies, effective Jan 18, 2024.
- Company had not sold any shares under the agreement; no termination penalties incurred.
- Agreement allowed up to $25M in company stock sales and up to 10.9M shares from selling stockholder.