Select Water Solutions, Inc. Class A common stock (WTTR)

Select Water Solutions (NYSE: WTTR) announced the pricing of an underwritten public offering of 13,725,491 shares of its Class A common stock at a public offering price of $12.75 per share pursuant to an effective Form S-3 shelf registration statement filed with the SEC. The company intends to use the net proceeds for general corporate purposes, including water infrastructure growth capital projects, potential acquisitions and debt repayment under its sustainability-linked credit facility. The company granted underwriters a 30-day option to purchase up to 2,058,824 additional shares at the public offering price, less underwriting discounts and commissions. J.P. Morgan and BofA Securities are serving as lead book-running managers, with Citigroup, Piper Sandler and Raymond James as joint book-running managers and Roth Capital Partners among the co-managers. The offering is expected to close on Feb. 23, 2026, subject to customary conditions.

Select Water Solutions Inc. (“Select”, NYSE: WTTR) and LibertyStream Infrastructure Partners Inc. (“LibertyStream”, TSXV: LIB | OTCQB: VLTLF | FSE: I2D) are pleased to announce that the companies have entered into a definitive agreement to deploy commercial lithium carbonate production facilities (“Carbonate Facilities”) at Select’s water treatment and recycling sites (“Select Facilities” or “Select Facility”) in the Midland Basin, Texas. The agreement outlines a three-stage development program for these Carbonate Facilities, with the initial phase (“Stage 1 Carbonate Facility”) scheduled for commissioning by the end of December 2026. The Stage 1 Carbonate Facility will have a production capacity of up to 1,000 tonnes of lithium carbonate per year for sale to U.S. customers and will be located at an existing Select Facility in Howard County, Texas.