NYSE:SEIEnergy Services
Solaris Energy Infrastructure Shelf Plan Raises Dilution Questions And Valuation Focus
Solaris Energy Infrastructure, NYSE:SEI, has filed a new $226 million shelf registration to offer additional Class A common stock.
The filing gives the company flexibility to issue new shares over time as funding needs arise.
The move follows a recent large debt facility amendment and recent expansion activity that increased the company’s capital needs.
For investors watching NYSE:SEI, the new shelf registration comes with the stock trading at $65.62 and very large 1-year and 3-year...