Solaris Oilfield Infrastructure, Inc. Announces Launch of Initial Public Offering

HOUSTON--(BUSINESS WIRE)-- Solaris Oilfield Infrastructure, Inc. (NYSE: SOI) (“Solaris”) announced today that it has launched an initial public offering of 10,600,000 shares of its Class A common stock (“common stock”) at an anticipated initial offering price between $15.00 and $18.00 per share pursuant to a registration statement on Form S-1 (the “Registration Statement”) filed previously with the Securities and Exchange Commission (the “SEC”). In addition, Solaris intends to grant the underwriters a 30-day option to purchase up to an additional 1,590,000 shares of Solaris’ common stock at the initial public offering price, less underwriting discounts and commissions. The shares have been authorized for listing on the New York Stock Exchange under the ticker symbol “SOI,” subject to official notice of issuance.

Credit Suisse and Goldman Sachs & Co. LLC are acting as joint book-running managers for the offering. The offering of these securities will be made only by means of a prospectus that meets the requirements of Section 10 of the Securities Act of 1933. A copy of the preliminary prospectus may be obtained from:

Credit Suisse Securities (USA) LLCAttention: Prospectus DepartmentEleven Madison AvenueNew York, New York 10010Telephone: (800) 221-1037[email protected]

Goldman Sachs & Co. LLCAttention: Prospectus Department200 West StreetNew York, NY 10282Telephone: (212) 902-1171[email protected]

About Solaris Oilfield Infrastructure, Inc.

Solaris Oilfield Infrastructure, Inc. manufactures and provides patented mobile proppant management systems that unload, store and deliver proppant at oil and natural gas well sites, and its systems are deployed in many of the most active oil and natural gas basins in the United States, including the Permian Basin, the Eagle Ford Shale and the SCOOP/STACK formation.

Important Information

A registration statement relating to these securities has been filed with the SEC 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 becomes effective. The registration statement may be obtained free of charge at the SEC’s website at www.sec.gov under “Solaris Oilfield Infrastructure, Inc.” This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements contained in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, including statements regarding the size, timing or results of the initial public offering, represent Solaris’ expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of Solaris’ control, that could cause actual results to differ materially from the results discussed in the forward-looking statements.

Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Solaris does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for Solaris to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the prospectus filed with the SEC in connection with Solaris’ initial public offering. The risk factors and other factors noted in Solaris’ prospectus could cause its actual results to differ materially from those contained in any forward-looking statement.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170502005828/en/

Solaris Oilfield Infrastructure, Inc.
Kyle S. Ramachandran, (281) 501-3070
Chief Financial Officer
[email protected]

Source: Solaris Oilfield Infrastructure, Inc.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Braveheart Bio raises $439.9M in upsized Nasdaq IPO
• YXT.com raises $1.05M in registered direct offering via Univest
• iSpecimen closes $5 million public offering of stock and warrants