Advanced Emissions Solutions Amends Tender Offer
May 18 2017 - 8:45AM
Advanced Emissions Solutions, Inc. (NASDAQ:ADES) today announced
that it has extended its tender offer to 5:00 P.M., New York City
time, on June 6, 2017. The offer was previously scheduled to
expire at 5:00 P.M., New York City time, on June 5, 2017.
The tender offer has also been amended to, among
other things, clarify certain of the conditions of the Company’s
obligations to complete the tender offer, as described in the
amended offering documents filed today with the Securities and
Exchange Commission.
Important Notice
The full details of the tender offer, including
complete instructions on how to tender shares, are included in the
offer to purchase, the letter of transmittal and related materials,
each as may be amended and supplemented from time to time, which
the Company has distributed to stockholders and filed with the
Securities and Exchange Commission. Stockholders are urged to read
carefully the offer to purchase, the letter of transmittal and
other related materials because they contain important information,
including the terms and conditions of the tender offer.
Stockholders are urged to read the tender offer documents because
they contain important information that stockholders should
consider before making any decision regarding tendering their
shares.
A copy of the offering documents may be obtained
from Georgeson LLC, the Information Agent for the offer. Georgeson
LLC's telephone number is (866) 628-6024. Please contact Georgeson
LLC with any questions regarding the tender offer.
The tender offer materials are also available
for free at the SEC's website at http://www.sec.gov.
About the Company
Advanced Emissions Solutions, Inc., through our
subsidiaries and joint ventures, is a leader in emissions control
technologies and associated equipment, chemicals and services to
customers in the coal-fired power generation industry. Our
proprietary environmental technologies and specialty chemicals
enable our customers to enhance existing air pollution control
equipment, minimize mercury, acid gases, and other emissions,
maximize capacity, and improve operating efficiency to meet the
challenges of existing and pending emission control
regulations.
Caution on Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, which provides a “safe harbor” for such
statements in certain circumstances. These forward-looking
statements include the Company’s plans to complete the tender
offer, which is subject to certain conditions and involve risks and
uncertainties identified from time to time in the Company’s filings
with the SEC. Actual events or results could differ materially from
those discussed in the forward-looking statements as a result of
various factors You are cautioned not to place undue reliance on
the forward-looking statements and to consult filings we have made
and will make with the SEC for additional discussion concerning
risks and uncertainties that may apply to our business and the
ownership of our securities. The forward-looking statements speak
only as to the date of this press release.
About Advanced Emissions Solutions,
Inc.
Advanced Emissions Solutions, Inc. serves as the holding entity
for a family of companies that provide emissions solutions to
customers in the power generation and other industries.
ADA-ES, Inc. (“ADA”) is a wholly-owned subsidiary of Advanced
Emissions Solutions, Inc. (“ADES”) that provides emissions control
solutions for coal-fired power generation and industrial boiler
industries. With more than 25 years of experience developing
advanced mercury control solutions, ADA delivers proprietary
environmental technologies, equipment and specialty chemicals that
enable coal-fueled boilers to meet emissions regulations. These
solutions enhance existing air pollution control equipment,
maximizing capacity and improving operating efficiencies. Our track
record includes securing more than 30 US patents for emissions
control technology and systems and selling the most activated
carbon injection systems for power plant mercury control in North
America. For more information on ADA, and its products and
services, visit www.adaes.com or the ADA Blog
(http://blog.adaes.com/).
Tinuum Group, LLC is a 42.5% owned joint venture by ADA that
provides ADA’s patented Refined Coal CyClean™ technology to enhance
combustion of and reduce emissions of NOx and mercury from coal in
cyclone boilers and ADA’s patented M-45™ and patent pending
M-45-PC™ technologies for Circulating Fluidized boilers and
Pulverized Coal boilers respectively. www.tinuumgroup.com
Investor Contact:
Alpha IR Group
Chris Hodges or Ryan Coleman
312-445-2870
ADES@alpha-ir.com
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