Select Water Solutions, Inc. 8-K

What Happened
On February 19, 2026, Select Water Solutions, Inc. (WTTR) announced via press release that it intends to conduct an underwritten public offering of $175.0 million of its Class A common stock, par value $0.01 per share. The company also intends to grant the underwriters an option to purchase up to an additional $26.25 million of Class A common stock on the same terms. The offering will be made pursuant to a Form S-3 registration statement (File No. 333-293586) that was filed and became automatically effective on February 19, 2026.

Key Details

• Offering size: $175.0 million of Class A common stock.
• Underwriter option: up to $26.25 million of additional shares (15% of the base offering).
• Registration: Filed on Form S-3 (No. 333-293586) and became automatically effective upon filing on Feb 19, 2026.
• Status: Offering is subject to market conditions; the press release was furnished as Exhibit 99.1 to the Form 8-K.

Why It Matters
This filing signals the company’s plan to raise capital through a sizable equity issuance, which can provide funding for operations, growth, or debt repayment (the company did not specify use of proceeds in this Form 8-K). An underwritten public offering and the underwriters’ 15% option could dilute existing shareholders and may increase trading volatility around the offering. The automatic effectiveness of the Form S-3 means Select Water Solutions has a registration in place to sell the shares once final terms are set and market conditions permit.