On February 23, 2022, Nuverra Environmental Solutions, Inc. (the Company' or Nuverra'), completed the transactions contemplated by that certain agreement and plan of merger, dated December 12, 2022 (the Merger Agreement'), with Select Energy Services, Inc. (Select'), Navy Merger Sub, Inc., a direct, wholly owned subsidiary of Select (Merger Sub'), and Navy Holdco, LLC, (Holdco LLC') and direct wholly owned subsidiary of Navy Holdings, Inc., a direct wholly owned subsidiary of Select (Holdings'), pursuant to which Select acquired Nuverra by way of a two-step merger in an all-stock transaction. Pursuant to the terms and subject to the conditions set forth in the Merger Agreement, Merger Sub merged with and into the Company, with the Company continuing as the Surviving Corporation' as a wholly owned subsidiary of Select (the First Merger'), and immediately following the effective time of the First Merger (the Effective Time'), the Surviving Corporation merged with and into Holdco LLC, with Holdco LLC continuing as the surviving entity and wholly owned subsidiary of Holdings (the Subsequent Merger' and together with the First Merger, the Mergers'). At the Effective Time of the Mergers, each of Charles K. Thompson, Michael Y. McGovern, David J. Nightingale, Eric Bauer and Joseph M. Crabb ceased to serve as officers and directors of the Company.
Nuverra Environmental Solutions, Inc.
Equities
NES
US67091K3023
Oil Related Services and Equipment
1st Jan change | Capi. | |
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+22.81% | 4.94B | |
+5.86% | 4.24B | |
+26.85% | 3.83B | |
+1.38% | 1.87B | |
-1.36% | 1.55B | |
+24.90% | 976M | |
+30.80% | 781M | |
+18.18% | 727M | |
+66.25% | 646M |