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Clearlake Capital Portfolio Company Prices Public Offering

Clearlake Capital Portfolio Company Prices Public Offering

THE WOODLANDS, TX, February 2, 2017 – Smart Sand, Inc. (the “Company”) has priced a public offering of 5,950,000 shares of its common stock at $17.50 per share, of which 1,500,000 shares are to be sold by the Company and 4,450,000 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 have granted the underwriters a 30-day option to purchase from the selling stockholders up to an additional 892,500 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 offering is expected to close on February 7, 2017, subject to customary closing conditions.

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 public offering. Additional book-running managers are Piper Jaffray & Co., Tudor, Pickering, Holt & Co. and Deutsche Bank Securities.

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