 HOUSTON, June 28, 2021 PRNewswire -- U.S. Well Services, Inc. the Company, U.S. Well Services or we NASDAQ: USWS today announced it has entered into a series of strategic transactions that position the Company to execute on its previously announced strategic plan to grow and become a fully-electric hydraulic fracturing services provider. U.S. Well Services issued 125.5 million of 16.0 Convertible Senior Secured Third Lien PIK Notes due June 2026 the Notes in a private placement to institutional investors the Private Placement. 