Atlas Energy Solutions Files 8-K

Ticker: AESI · Form: 8-K · Filed: Jan 27, 2025 · CIK: 1984060

Sentiment: neutral

Topics: financial-reporting, corporate-actions

TL;DR

Atlas Energy Solutions dropped an 8-K on Jan 27, 2025, with financial updates.

AI Summary

Atlas Energy Solutions Inc. filed an 8-K on January 27, 2025, reporting on its results of operations and financial condition. The filing also includes disclosures related to Regulation FD, other events, and financial statements. The company was formerly known as New Atlas HoldCo Inc. before changing its name on July 3, 2023.

Why It Matters

This 8-K filing provides crucial updates on Atlas Energy Solutions' financial performance and operational status, which can influence investor decisions.

Risk Assessment

Risk Level: low — This filing is a routine 8-K reporting financial results and other events, not indicating any immediate significant risks.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report on Atlas Energy Solutions Inc.'s results of operations and financial condition, as well as to disclose other events and provide financial statements.

When was Atlas Energy Solutions Inc. previously known by another name?

Atlas Energy Solutions Inc. was formerly known as New Atlas HoldCo Inc. before changing its name on July 3, 2023.

What is the filing date of this 8-K report?

The 8-K report was filed on January 27, 2025.

What is the Standard Industrial Classification (SIC) code for Atlas Energy Solutions Inc.?

The SIC code for Atlas Energy Solutions Inc. is 1311, which corresponds to Crude Petroleum & Natural Gas.

Where is Atlas Energy Solutions Inc. headquartered?

Atlas Energy Solutions Inc. is headquartered in Austin, Texas, with its business address at 5918 W. Courtyard Drive, Suite 500, Austin, Texas 78730.

Filing Stats: 1,639 words · 7 min read · ~5 pages · Grade level 15.4 · Accepted 2025-01-27 06:17:02

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. To the extent the information included or incorporated into Item 7.01 below with respect to the results of operations or financial condition of Atlas Energy Solutions Inc. ("Atlas" or the "Company") relates to or is presented as of or for a completed fiscal period, such information is incorporated into this Item 2.02 by reference herein.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On January 27, 2025, the Company issued a press release announcing entry into a Stock Purchase Agreement by and among Wyatt Holdings, LLC, a Delaware limited liability company and wholly-owned subsidiary of the Company (the "Purchaser"), Moser Holdings, LLC, a Delaware limited liability company (the "Seller"), and for the limited purposes set forth therein, the Company (together with the Purchaser and the Seller, the "Parties"), pursuant to which the Purchaser will acquire (i) 100% of the authorized, issued and outstanding equity AcquisitionCo"), and (ii) Moser Engine Service, Inc. (d/b/a Moser Energy Systems), a Wyoming corporation and a wholly-owned subsidiary of Moser AcquisitionCo (such transaction, the "Moser Acquisition"). Also on January 27, 2025, the Company made available an investor presentation related to the Moser Acquisition. Copies of the press release and the investor presentation are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and incorporated into this Item 7.01 by reference. The information in this Item 7.01, including Exhibit 99.1 and Exhibit 99.2, is being "furnished" pursuant to General Instruction B.2 of Form 8-K and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act, except as shall be expressly set forth in such filing.

01. Other Events

Item 8.01. Other Events. In connection with the Moser Acquisition, the Company is filing certain updated risk factors disclosure, attached hereto as Exhibit 99.3, applicable to its business for the purpose of supplementing and updating disclosures contained in the Company's prior public filings, including those discussed under the heading "Item 1A. Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (the "SEC") on February 27, 2024 , which is incorporated by reference herein.

Forward-Looking Statements

Forward-Looking Statements This Current Report contains forward-looking statements within the meaning of Section 27A of the Securities Act, and Section 21E of the Exchange Act. Statements that are predictive or prospective in nature, that depend upon or refer to future events or conditions or that include the words "may," "assume," "forecast," "position," "strategy," "potential," "continue," "could," "will," "plan," "project," "budget," "predict," "pursue," "target," "seek," "objective," "believe," "expect," "anticipate," "intend," "estimate" and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements about the anticipated financial performance of Atlas following the Moser Acquisition; the expected synergies and efficiencies to be achieved as a result of the Moser Acquisition; expected accretion to Adjusted EBITDA; expected production volumes; expectations regarding the leverage and dividend profile of Atlas following the Moser Acquisition; expansion and growth of Atlas's business; Atlas's plans to finance the Moser Acquisition; and the receipt of all necessary approvals to close the Moser Acquisition and the timing associated therewith; our business strategy, our industry, our future operations and profitability, expected capital expenditures and the impact of such expenditures on our performance, statements about our financial position, production, revenues and losses, our capital programs, management changes, current and potential future long-term contracts and our future business and financial performance. Although forward-looking statements reflect our good faith beliefs at the time they are made, we caution you that these forward-looking statements are subject to a number of risks and uncertainties, most of which are difficult to predict and many of which are beyond our c

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Description 99.1 Press Release, dated January 27, 2025. 99.2 Investor Presentation, dated January 27, 2025 99.3 Updated Risk Factors 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 27, 2025 ATLAS ENERGY SOLUTIONS INC. By: /s/ John Turner Name: John Turner Title: President and Chief Executive Officer

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