Select Water Solutions, Inc. — Form 8-K

Select Water Solutions, Inc. (NYSE: WTTR) closed its acquisition of Pilot Water Solutions LLC on November 2, 2026, for approximately $700 million total consideration: $600 million cash at closing plus 5,149,331 Class A common shares. One seller has a right to an additional $15 million contingent payment upon operational milestones in early 2027, plus a potential true-up payment in cash based on Select's stock price performance at the six-month anniversary. Concurrently, Select's new $500 million revolving credit facility became effective, replacing its previous sustainability-linked secured credit facility.