Select Water Solutions, Inc. (NYSE: WTTR) has just announced the pricing of a public offering of 13,725,491 shares of its class A common stock at a price of $12.75 per share. The company intends to use the net proceeds for general corporate purposes, including water infrastructure growth capital projects, potential acquisitions, or debt repayment under the company’s sustainability-linked credit facility. The underwriters have been granted a 30-day option to purchase up to 2,058,824 additional shares of class A common stock at the public offering price.
J.P. Morgan Securities LLC and BofA Securities are serving as lead book-running managers for the offering, while Citigroup, Piper Sandler, and Raymond James are serving as joint book-running managers, and several other firms are acting as co-managers for the offering. The offering is expected to close on February 23, 2026, subject to customary closing conditions.
Select Water Solutions, Inc. is a leading provider of sustainable water and chemical solutions to the energy industry, supported by the company’s critical water infrastructure assets, chemical manufacturing, and water treatment and recycling capabilities.
The registration statement for the offering was filed on February 19, 2026, and became effective upon filing. This press release does not constitute an offer to sell or the solicitation of an offer to buy the shares of class A common stock or any other securities.
Today the company's shares have moved -0.67% to a price of $11.82. For more information, read the company's full 8-K submission here.
