Solaris Receives Shareholder Approvals for Proposed Acquisition of Mobile Energy Rentals
August 30 2024 - 4:15PM
Business Wire
Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (“Solaris” or
the “Company”) announced today that all of the proposals related to
its previously announced acquisition of Mobile Energy Rentals LLC
(“MER”) were approved by the requisite holders of Solaris common
stock at the Company's special meeting of stockholders held earlier
today (the "Special Meeting").
The final voting results from the Special Meeting will be
reported in a Current Report on Form 8-K to be filed with the U.S.
Securities and Exchange Commission after certification by the
Company's inspector of elections.
Pending the satisfaction of customary closing conditions, the
Company continues to expect the MER acquisition to close in
September 2024.
Bill Zartler, Chairman and Chief Executive Officer of Solaris,
commented, “We are pleased with the shareholder support for our
pending acquisition of MER. We look forward to closing this
transaction in the next couple of weeks, at which point we will
begin our combined, complementary offering to our customers as
‘Solaris Energy Infrastructure.’”
About Solaris Oilfield Infrastructure, Inc.
Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) provides mobile
equipment that drives supply chain and execution efficiencies in
the completion of oil and natural gas wells. Solaris’ patented
systems are deployed across oil and natural gas basins in the
United States. Additional information is available on our website,
www.solarisoilfield.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240830890931/en/
Yvonne Fletcher Senior Vice President, Finance and Investor
Relations (281) 501-3070 IR@solarisoilfield.com
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