Atlas Energy Solutions Announces Pricing of Upsized Underwritten Public Offering of Common Stock
Vinson & Elkins advised Atlas Energy Solutions Inc. (“Atlas”) in the pricing of an upsized underwritten public offering of an aggregate 11,500,000 shares of Atlas common stock, at a public offering price of $23.00 per share, for total gross proceeds of $264.5 million.
Atlas has granted the underwriters the option to purchase up to an additional 1,725,000 shares of common stock on the same terms and conditions within 30 days. The offering is expected to close on February 3, 2025, subject to customary closing conditions.
The Vinson & Elkins team was led by partner Thomas Zentner and senior associate Layton Suchma, with assistance from associates Walt Baker, Cole Leveque, and Allyson Grove. Also advising were partners David Peck and Jason McIntosh, counsel Allyson Seger, and associate Paige Rapp; and counsel Melissa Spohn and associate Cassandra Zarate.
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