Atlas Energy Solutions Inc. Launches Initial Public Offering

IPO

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Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas”) announced today that it has begun an initial public offering of 18,000,000 shares of its Class A common stock (“Common Stock”) at an expected initial offering price of $20.00 to $23.00 per share, in accordance with a registration statement on Form S-1 previously filed with the Securities and Exchange Commission (the “SEC”). In addition, Atlas intends to grant the underwriters a 30-day option to purchase up to an additional 2,700,000 shares of its Common Stock. The shares have been approved for trading on the New York Stock Exchange under the ticker symbol “AESI,” pending official notice of issuance.

Goldman Sachs & Co. LLC, BofA Securities and Piper Sandler are acting as lead book-running managers for the offering. Passive book-running managers include RBC Capital Markets, Barclays, and Citigroup. Co-managers for the offering include Raymond James, Johnson Rice & Company L.L.C., Stephens Inc., Capital One Securities, Pickering Energy Partners, and Drexel Hamilton.

Atlas acts as a leading provider of proppant and logistics services to customers engaged in the oil and natural gas industry within the Permian Basin of West Texas and New Mexico, the most active basin in North America. Atlas’ core mission and key focus is to maximize value for its stockholders by generating strong cash flow and allocating capital resources efficiently, including providing a regular and durable return of capital to investors through industry cycles. In pursuit of this mission, Atlas deploys innovative techniques and technologies to develop their high-quality resource base and efficient delivery of their products to customers through leading-edge solutions.

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