Deal Description: Dawson Geophysical Company (NASDAQ: DWSN) ("Dawson" or the "Company") and Wilks Brothers, LLC ("Wilks") today announced that they have entered into a definitive merger agreement pursuant to which a subsidiary of Wilks will commence on or before November 1, 2021 a tender offer to acquire all of the Company's outstanding common shares for $2.34 per share in cash (the "Offer"). Subject to the closing of the Offer, the merger agreement also contemplates that Wilks will acquire any Dawson shares that are not tendered into the Offer at the same price per share through a second-step merger, which will be completed as soon as practicable following the closing of the Offer, subject to the approval of at least 80% of the outstanding Dawson shares.

Baker Botts acted as legal counsel to Dawson Geophysical Company.

The company’s press release can be found here.

Baker Botts Lawyers/Offices:

Corporate/Finance: Grant Everett (Partner, Dallas); Neel Lemon (Senior Counsel, Dallas); Luke Weedon (Partner, Dallas), Josh Espinosa (Associate, Dallas); Derek Gabriel (Associate, Dallas); Marshall Heins (Associate, Houston) and Rusty Shellhorn (Associate, Dallas)

Employee Benefits: Jason Loden (Partner, Dallas)

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