Smart Sand, Inc. Commences Public Offering

THE WOODLANDS, Texas, Feb. 01, 2017 (GLOBE NEWSWIRE) — Smart Sand, Inc. (SND) (the “Company”) has commenced a public offering of 4,000,000 shares of its common stock, of which 1,500,000 shares are to be sold by the Company and 2,500,000 shares are to be sold by the selling stockholders named in the registration statement on Form S-1 filed previously with the U.S. Securities and Exchange Commission (“SEC”). The selling stockholders expect to grant the underwriters a 30-day option to purchase from the selling stockholders up to an additional 600,000 shares of the Company’s common stock.  The Company’s shares of common stock are traded on the NASDAQ Global Select Market under the ticker symbol “SND.”

The Company intends to use the net proceeds it receives from the offering for future capital projects and general corporate purposes.The Company will not receive any net proceeds from the sale by the selling stockholders of shares of the Company’s common stock.

Credit Suisse, Goldman, Sachs & Co. and Jefferies are acting as book-running managers for the proposed public offering.  Additional book-running managers are Piper Jaffray & Co., Tudor, Pickering, Holt & Co. and Deutsche Bank Securities.

The proposed public offering is being made only by means of a written prospectus.Once it becomes available, potential investors can obtain a written prospectus that meets the requirements of Section 10 of the Securities Act of 1933 from:

Credit Suisse
Attention:Prospectus Department
One Madison Avenue
New York, NY 10010
Telephone: (800) 221-1037
Email: [email protected]   Goldman, Sachs & Co.
Attention:  Prospectus Department
200 West Street
New York, NY 10282
Telephone: (212) 902-1171
Email: [email protected]

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.