Dril-Quip, Inc. Files 8-K with Material Agreements
Ticker: INVX · Form: 8-K · Filed: Mar 18, 2024 · CIK: 1042893
Sentiment: neutral
Topics: material-agreement, 8-k, regulation-fd
TL;DR
Dril-Quip filed an 8-K on 3/18/24 detailing material agreements and other corporate events.
AI Summary
On March 18, 2024, Dril-Quip, Inc. entered into a material definitive agreement. The company also made a Regulation FD disclosure and reported other events, including financial statements and exhibits. The filing details are for the period ending March 18, 2024.
Why It Matters
This 8-K filing indicates significant corporate actions or agreements by Dril-Quip, Inc., which could impact its business operations and financial standing.
Risk Assessment
Risk Level: medium — Material definitive agreements and other events reported in an 8-K can signal significant changes or risks for a company.
Key Numbers
- 001-13439 — SEC File Number (Identifies the company's filing with the SEC.)
- 74-2162088 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Dril-Quip, Inc. (company) — Registrant
- March 18, 2024 (date) — Date of Report
- 7139397711 (phone_number) — Registrant's telephone number
- Delaware (state) — State of incorporation
- Houston, Texas (location) — Principal executive offices
FAQ
What specific material definitive agreement was entered into by Dril-Quip, Inc. on March 18, 2024?
The filing states that Dril-Quip, Inc. entered into a 'Material Definitive Agreement' on March 18, 2024, but the specific details of this agreement are not provided in the provided text.
What is the primary business of Dril-Quip, Inc. according to the filing?
Dril-Quip, Inc. is in the business of 'OIL & GAS FILED MACHINERY & EQUIPMENT [3533]'.
Where are Dril-Quip, Inc.'s principal executive offices located?
Dril-Quip, Inc.'s principal executive offices are located at 2050 West Sam Houston Parkway S., Suite 1100, Houston, Texas 77042.
What is the fiscal year end for Dril-Quip, Inc.?
Dril-Quip, Inc.'s fiscal year ends on December 31 (1231).
What is the SEC file number for Dril-Quip, Inc.?
The SEC file number for Dril-Quip, Inc. is 001-13439.
Filing Stats: 3,571 words · 14 min read · ~12 pages · Grade level 14.9 · Accepted 2024-03-18 17:26:10
Key Financial Figures
- $0.01 — the holders of common stock, par value $0.01 per share, of the Company (" Company Co
- $31,895,000 — to pay the Company a termination fee of $31,895,000. In addition, if the Merger Agreement i
- $4,253,000 — ion expenses in an amount not to exceed $4,253,000. In no event will the Company be entitl
Filing Documents
- d803484d8k.htm (8-K) — 53KB
- d803484dex21.htm (EX-2.1) — 1015KB
- d803484dex991.htm (EX-99.1) — 47KB
- d803484dex992.htm (EX-99.2) — 42KB
- d803484dex993.htm (EX-99.3) — 15KB
- d803484dex994.htm (EX-99.4) — 41KB
- d803484dex995.htm (EX-99.5) — 14KB
- d803484dex996.htm (EX-99.6) — 53KB
- d803484dex997.htm (EX-99.7) — 10KB
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- g803484ex99_5p8g1.jpg (GRAPHIC) — 124KB
- g803484g0317234807482.jpg (GRAPHIC) — 18KB
- 0001193125-24-070265.txt ( ) — 13496KB
- drq-20240318.xsd (EX-101.SCH) — 3KB
- drq-20240318_lab.xml (EX-101.LAB) — 18KB
- drq-20240318_pre.xml (EX-101.PRE) — 11KB
- d803484d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits: 2.1 Agreement and Plan of Merger, dated as of March 18, 2024, by and among Dril-Quip, Inc., Ironman Merger Sub, Inc., DQ Merger Sub, LLC and Innovex Downhole Solutions, Inc. 99.1 Joint Press Release, dated March 18, 2024. 99.2 Joint Investor Presentation, dated March 18, 2024. 99.3 CEO Memo to Employees. 99.4 Employee Frequently Asked Questions (FAQ). 99.5 Employee Town Hall Presentation 99.6 Transcript of Employee Town Hall Presentation 99.7 Social Media Posts 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DRIL-QUIP, INC. By: /s/ James C. Webster James C. Webster Vice President, General Counsel and Secretary Date: March 18, 2024