secwatch.observer — SEC 8-K summary
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Issuer:     Select Water Solutions, Inc. (WTTR)
CIK:        0001693256
Form:       8-K
Filed at:   2021-07-15T23:59:59+00:00
Accession:  0001564590-21-036757
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Select Energy Services acquires Complete Energy Services for 3.6M shares + $14.2M cash
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- Consideration: 3.6M shares of Class A common stock and $14.2M cash, subject to post-closing adjustments.
- Acquisition adds over 300,000 barrels per day of permitted disposal capacity in Oklahoma and Texas.
- Complete's YTD revenue ~60% production-related; Select's production revenue share expected to double to ~20% pro forma.
- More than 700 field personnel joining Select; deal expected to be meaningfully accretive to shareholders.
- Select reaffirms no debt and strong cash position; Q2 2021 earnings call scheduled for August 4, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1693256/000156459021036757/0001564590-21-036757-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1693256/000156459021036757/wttr-8k_20210712.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-036757

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