Amberjack Capital Partners Discloses Innovex International Stake

TL;DR

**Amberjack Capital Partners now holds a significant stake in Innovex International, Inc. (INNV).**

AI Summary

On September 13, 2024, Amberjack Capital Partners, L.P. and its affiliates filed a Schedule 13D, reporting beneficial ownership of Innovex International, Inc. The filing indicates a change in ownership or control, with Amberjack Capital Partners, L.P. now holding a significant stake in the company. The filing details the group members involved in this ownership, including various Amberjack and InnovEx entities.

Why It Matters

This filing signals a substantial shift in the ownership structure of Innovex International, Inc., potentially impacting its strategic direction and market valuation.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate activist investor intentions or significant stake-building, which can lead to volatility and strategic changes for the subject company.

Key Players & Entities

• Amberjack Capital Partners, L.P. (company) — Filing entity
• Innovex International, Inc. (company) — Subject company
• Amberjack Capital Associates II, LLC (company) — Group member
• Amberjack Capital Fund II, L.P. (company) — Group member
• Jason Turowsky (person) — Group member
• W. Patrick Connelly (person) — Group member

FAQ

Key Financial Figures

• $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title and Class of Securit

Filing Documents

• d617270dsc13d.htm (SC 13D) — 392KB
• d617270dex991.htm (EX-99.1) — 29KB
• 0001193125-24-218932.txt ( ) — 423KB

From the Filing

SC 13D 1 d617270dsc13d.htm SC 13D SC 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No.)* Innovex International, Inc. (Name of Issuer) Common Stock, par value $0.01 per share (Title and Class of Securities) 457651107 (CUSIP Number) W. Patrick Connelly Amberjack Capital Partners, L.P. 1021 Main Street, Suite 1100 Houston, Texas 77002 W. Robert Shearer Bryan D. Flannery Akin Gump Strauss Hauer & Feld LLP 1111 Louisiana Street, 44th Floor Houston, Texas 77002 (713) 220-5800 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 6, 2024 (Date of Event Which Requires Filing of Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes) CUSIP No. 457651107 13D 1 NAME OF REPORTING PERSONS Amberjack Capital Fund II, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS* WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 21,773,618 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 21,773,618 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 21,773,618 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5(a)) 32.7% 14 TYPE OF REPORTING PERSON* PN CUSIP No. 457651107 13D 1 NAME OF REPORTING PERSONS Innovex Co-Invest Fund II, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS* WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 5,083,965 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 5,083,965 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,083,965 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5(a)) 7.6% 14 TYPE OF REPORTING PERSON* PN CUSIP No. 457651107 13D 1 NAME OF REPORTING PERSONS Innovex Co-Invest Fund, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS* WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 1,204,903 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 1,204,903 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,204,903 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5(a)) 1.8% 14 TYPE OF REPORTING PERSON* PN CUSIP No. 457651107 13D 1 NAME OF REPORTING PERSONS Intervale Capital Fund II, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS* WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 1,039,364 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 1,039,364 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,039,364 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

View Full Filing

View this SC 13D filing on SEC EDGAR