Thompson & Knight Assists Stabilis with Share Exchange Transaction
The law firm of Thompson & Knight LLP advised Stabilis Energy, LLC in connection with a share exchange transaction with American Electric Technologies, Inc. pursuant to which Stabilis Energy, LLC and its subsidiaries became wholly-owned subsidiaries of AETI and the former owners of Stabilis and its subsidiaries acquired control of AETI.
Immediately following the closing of the transaction, AETI changed its name to Stabilis Energy, Inc. Stabilis Energy, Inc. is a vertically integrated provider of small-scale liquefied natural gas production, distribution, and fueling services headquartered in Houston.
Going forward, the combined company will operate under the name Stabilis Energy, Inc. and its common stock began trading on the Nasdaq Capital Market under the ticker symbol “SLNG” on July 29, 2019.
The Thompson & Knight team assisting Stabilis was led by partners C. Walker Brierre Jr. and Stephen W. Grant Jr., and of counsel Jerry L. Metcalf with assistance from partners Roger D. Aksamit, Anthony J. Campiti, John R. Cohn, Jason Patrick Loden, James C. Morriss III, Micah R. Prude, and Timothy T. Samson; of counsel Alan P. Baden; and associates Heath C. DeJean, Kelsie Haaland, Dasha K. Hodge, Murtuza Hussain, Emily W. Miller, David J. Rusk, and D. Alexander Witschey.
