Solaris Energy Infrastructure Announces Filing of Form S-3 to Replace Expired Universal Shelf Registration
November 18 2024 - 4:59PM
Business Wire
Solaris Energy Infrastructure, Inc. (NYSE:SEI) (“Solaris” or the
“Company”), today announced the filing of its universal shelf
registration statement (the “Shelf Registration”) on Form S-3 with
the U.S. Securities and Exchange Commission (the “SEC”) to replace
its previous universal shelf registration, which was originally
effective on October 22, 2021 and expired on October 22, 2024. If
and when the Shelf Registration is declared effective, it will
permit the Company to offer and sell, from time to time in one or
more offerings, up to $500 million of shares of Class A common
stock, preferred stock or any combination thereof (the
“securities”).
A registration statement related to these securities has been
filed with the Securities and Exchange Commission but has not yet
become effective. These securities may not be sold nor may offers
to buy be accepted prior to the time the registration statement has
become effective. This press release shall not constitute an offer
to sell or a solicitation of an offer to buy, nor shall there be
any sale of these securities in any jurisdiction in which an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of such jurisdiction. Any
offering of the securities covered under the shelf registration
statement, once it has become effective, will be made solely by
means of a prospectus and an accompanying prospectus supplement
relating to that offering, nor shall there be any sale of such
securities in any state in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities law of any such state.
About Solaris Energy Infrastructure, Inc.
Solaris Energy Infrastructure, Inc. (NYSE:SEI) provides scalable
equipment-based solutions for use in distributed power generation
as well as the management of raw materials used in the completion
of oil and natural gas wells. Headquartered in Houston, Texas,
Solaris serves multiple U.S. end markets, including energy, data
centers, and other commercial and industrial sectors. Additional
information is available on our website,
www.solaris-energy.com.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Examples of forward-looking statements include, but are
not limited to, statements with respect to the Company’s plans and
expectations regarding its registration statement on Form S-3 and
any potential future offering or capital raises and the use of
proceeds therefrom, and the other risks discussed in Part I, Item
1A. “Risk Factors” in our Annual Report on Form 10-K for the year
ended December 31, 2023 filed with the SEC on February 27, 2024 and
in Part II, Item 1A. “Risk Factors” in our Quarterly Report on Form
10-Q for the quarters ended June 30, 2024 and September 30, 2024
filed with the SEC on August 9, 2024 and November 7, 2024,
respectively. Forward-looking statements are based on our current
expectations and assumptions regarding our business, the economy
and other future conditions. Because forward-looking statements
relate to the future, by their nature, they are subject to inherent
uncertainties, risks and changes in circumstances that are
difficult to predict. As a result, our actual results may differ
materially from those contemplated by the forward-looking
statements. Factors that could cause our actual results to differ
materially from the results contemplated by such forward-looking
statements include, but are not limited to the factors discussed or
referenced in our filings made from time to time with the SEC.
Readers are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the date hereof.
Factors or events that could cause our actual results to differ may
emerge from time to time, and it is not possible for us to predict
all of them. We undertake no obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future developments or otherwise, except as may be
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20241118006010/en/
Yvonne Fletcher Senior Vice President, Finance and Investor
Relations (281) 501-3070 IR@solaris-energy.com
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