Ticker LaunchReverse merger · Completed · SLNG
Stabilis Energy LLC
Reverse merger with American Electric Technologies, Inc. (AETI)
Stabilis Energy LLC merged into American Electric Technologies, Inc. (AETI), a Nasdaq-listed industrial company that sold its U.S. M&I Electric operations, in a reverse merger that takes the private company public. The deal was announced on Dec 17, 2018 and closed on Jul 26, 2019. The combined company trades as Stabilis Energy, Inc. (SLNG) on Nasdaq.
Stabilis Energy operates a liquefied natural gas (LNG) business through Stabilis Energy LLC and its subsidiaries, which became the primary operations of the company after a 2019 share exchange with American Electric Technologies, and its shares trade on Nasdaq as SLNG.
- Status
- Completed
- Private company
- Stabilis Energy LLC
- Public company
- American Electric Technologies, Inc. (AETI)
- Public company business before
- Nasdaq-listed industrial company that sold its U.S. M&I Electric operations
- Announced
- Dec 17, 2018
- Closed
- Jul 26, 2019
- Combined company
- Stabilis Energy, Inc. (SLNG)
- Exchange
- Nasdaq
- Sector
- Energy
More on this deal for subscribers
- Ownership split between private and public holders
- Reverse stock split
- Analyst notes from the filings
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Filings
- 8-K (merger completion) Aug 1, 2019
- Exhibit 99.1 (completion press release/exhibit)
- All filings on EDGAR CIK 1043186
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