---
schema_version: "secwatch.filing_event.v1"
accession: "0001699039-21-000105"
form_type: "8-K"
ticker: "RNGR"
cik: "0001699039"
company_name: "Ranger Energy Services, Inc."
filed_at: "2021-10-04T23:59:59+00:00"
generated_at: "2026-06-28T23:28:30.952434+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ranger completes $36.65M acquisition of Basic Energy assets and $42M preferred stock placement

## Summary
- Acquired Basic Energy Services well servicing, fishing/rental, coiled tubing assets for $36.65M cash plus assumed liabilities.
- Closed $42M private placement of Series A Convertible Preferred Stock to accredited investors.
- Entered new $77.5M credit facility with Eclipse Business Capital ($50M revolver, $12.5M M&E term loan, $15M term loan B).
- Redeemed all outstanding Class B common stock for Class A shares; no Class B shares remain outstanding.
- Filed Certificate of Designations creating Series A Convertible Preferred Stock with liquidation preference of $7.00 per share.

## SEC filing metadata
- accession: 0001699039-21-000105
- form_type: 8-K
- ticker: RNGR
- cik: 0001699039
- company_name: Ranger Energy Services, Inc.
- filed_at: 2021-10-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 3.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699039/000169903921000105/0001699039-21-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699039/000169903921000105/rng-20211001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001699039-21-000105
- JSON: https://secwatch.observer/filing/0001699039-21-000105.json
- Plain text: https://secwatch.observer/filing/0001699039-21-000105.txt

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