Solaris Energy Infrastructure, Inc. (NYSE Texas: SEI) reported that it completed the acquisition of Global Energy Services Alliance, Inc. (“GESA”) on July 1, 2026, the same day it entered into the merger agreement governing the transaction. Under the Agreement and Plan of Merger, Solaris acquired GESA through Mustang Merger Co., a Texas corporation and wholly owned subsidiary of Solaris. Mustang Merger Co. merged with and into GESA, with GESA surviving the merger as an indirect, wholly owned subsidiary of Solaris. The parties to the agreement included Solaris, GESA, Mustang Merger Co., certain GESA shareholders, and a shareholders’ representative. The purchase consideration consisted of two main components: approximately $55 million in aggregate value made up of cash, plus the assumption and repayment of GESA indebtedness, subject to post-closing adjustments and holdbacks; and 2,880,682 shares of Solaris Class A common stock, par value $0.01 per share. No per-share valuation or market price for the Solaris shares was disclosed in the filing. Solaris issued the 2,880,682 Class A shares at closing to holders of GESA common stock that was outstanding immediately before the merger became effective. The company reported the stock issuance under Item 3.02, “Unregistered Sales of Equity Securities,” because the shares were not registered under the Securities Act of 1933. Solaris relied on private offering exemptions, including Rule 506 of Regulation D and/or Section 4(a)(2) of the Securities Act. The shares were issued only to GESA shareholders determined to be “accredited investors” under Rule 501(a) of Regulation D, who also delivered documentation required by the merger agreement supporting that status. The filing also included Item 7.01, Regulation FD Disclosure, noting that Solaris issued a press release on July 6, 2026 announcing both the execution of the merger agreement and the completed acquisition. That disclosure, including the press release attached as Exhibit 99.1, was furnished rather than filed for purposes of Exchange Act liability. Item 9.01 listed the press release and the inline XBRL cover page file as exhibits. The transaction is significant because it expands Solaris through the acquisition of GESA while using a mix of cash, debt assumption or repayment, and a sizeable equity issuance. The issuance of nearly 2.9 million Class A shares to former GESA shareholders means Solaris used its own stock as a material portion of the acquisition currency, potentially affecting the company’s share count and ownership structure following the closing.