Select Water Solutions Announces \$175 Million Public Offering of Common Stock

Key Highlights

• Offering Size: Select Water Solutions, Inc. (NYSE: WTTR) has launched an underwritten public offering of \$175 million worth of its Class A common stock.
• Optional Additional Shares: The Company expects to grant the underwriters a 30-day option to purchase up to an additional \$26.25 million of shares at the public offering price, excluding underwriting discounts and commissions.
• Use of Proceeds: Net proceeds are intended for general corporate purposes, including water infrastructure growth capital projects, potential acquisitions, or debt repayment under the Company’s sustainability-linked credit facility.
• Lead Book-Runners: J.P. Morgan Securities LLC and BofA Securities are acting as the lead book-running managers for this offering.
• Offering Details: The offering is being conducted pursuant to an effective shelf registration statement on Form S-3 filed with the SEC on February 19, 2026.

Details for Shareholders

This public offering represents a significant capital-raising event for Select Water Solutions and is likely to have a direct impact on the share price in the near term.

• Potential Share Dilution: The issuance of new shares could result in dilution for existing shareholders, which is a common price-sensitive factor. Investors should carefully consider how the increase in shares outstanding may affect the value of their holdings.
• Growth & Strategic Flexibility: The Company is seeking to deploy the proceeds towards expanding its water infrastructure, funding potential acquisitions, and possibly reducing debt. These investments, if executed effectively, could enhance long-term shareholder value and improve Select’s competitive positioning in the sustainable water and chemical solutions market.
• Execution Risk: The offering is subject to market and other conditions, and there is no assurance as to whether or when it will be completed, or what the final size and terms will be. This introduces a degree of uncertainty for investors.
• Forward-Looking Statements: The announcement includes forward-looking statements about the offering and use of proceeds, which are subject to risks and uncertainties as discussed in the Company’s SEC filings.
• Access to Offering Documents: Investors may obtain copies of the preliminary prospectus supplement, the accompanying base prospectus, and the final prospectus supplement (when available) from J.P. Morgan Securities LLC, BofA Securities, or directly via the SEC’s website.

About Select Water Solutions, Inc.

Select Water Solutions is a leading provider of sustainable water and chemical solutions to the energy industry. The company leverages critical water infrastructure assets, as well as chemical manufacturing and water treatment and recycling capabilities, to serve a range of energy sector clients.

Important Information and Forward-Looking Statements

The offering is being made solely by means of a prospectus and a prospectus supplement filed with the SEC. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction where such offers or sales would be unlawful.

The Company cautions investors that all statements, other than those of historical fact, are forward-looking in nature and involve risks and uncertainties that could result in actual outcomes differing materially from those anticipated. These risks include, but are not limited to, the possibility that the offering may not be completed as planned, the use of proceeds may not achieve the intended business objectives, and other risks as described in the most recent Annual Report on Form 10-K and in other SEC filings.

Contact Information

• Company Contact: Garrett Williams – VP, Corporate Finance & Investor Relations, (713) 296-1010, [email protected]
• Investor Relations: Dennard Lascar Investor Relations, Ken Dennard / Natalie Hairston, (713) 529-6600, [email protected]

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a solicitation to buy or sell securities. Prospective investors should consult the Company’s prospectus and filings with the SEC and seek advice from financial professionals before making any investment decisions.

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