Tidewater Inc. Files 8-K for Regulation FD Disclosure

TL;DR

TIDEWATER INC filed an 8-K for Reg FD. No major news, just compliance.

AI Summary

On September 27, 2024, Tidewater Inc. filed an 8-K report. The filing primarily concerns Regulation FD disclosures, indicating that the company is providing material information to the public in accordance with fair disclosure rules. No specific financial transactions or material events were detailed in the provided excerpt.

Why It Matters

This filing ensures Tidewater Inc. is adhering to fair disclosure regulations, which is important for maintaining investor confidence and market transparency.

Risk Assessment

Risk Level: low — The filing is a routine regulatory disclosure and does not contain information about significant financial events or risks.

Key Players & Entities

• TIDEWATER INC (company) — Registrant
• Delaware (jurisdiction) — State of incorporation
• Houston, Texas (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.001 — ge on which registered Common stock, $0.001 par value per share TDW New York St

Filing Documents

• tm2425110d1_8k.htm (8-K) — 28KB
• 0001104659-24-103752.txt ( ) — 241KB
• tdw-20240927.xsd (EX-101.SCH) — 3KB
• tdw-20240927_def.xml (EX-101.DEF) — 26KB
• tdw-20240927_lab.xml (EX-101.LAB) — 36KB
• tdw-20240927_pre.xml (EX-101.PRE) — 25KB
• tm2425110d1_8k_htm.xml (XML) — 5KB

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. As previously disclosed, on September 16, 2024, Tidewater Inc., a Delaware corporation (the " Company "), instructed the Nordic Trustee as the trustee for the Company's 10.375% senior unsecured bonds due 2028 (ISIN NO0012952227) (the " Bonds ") to summon a bondholders' meeting for September 30, 2024 (the " Bondholders' Meeting "). The purpose of the Bondholders' Meeting was to consider certain amendments to the terms of the Bonds in furtherance of the Company's previously announced evaluation of options to establish a more flexible debt capital structure. Based upon preliminary feedback received from the holders of the Bonds, on September 27, 2024, the Company informed the Bond Trustee that it was withdrawing its proposal and the Bondholders' Meeting will be cancelled. This Current Report on Form 8-K contains "forward-looking to known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed in such forward-looking with the U.S. Securities and Exchange Commission, including under the captions "Forward-Looking Statements" and "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2023. The Company undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances. In addition, the Company can offer no assurance that it will be successful in obtaining the consents necessary to amend the terms of the Bonds or that it will be successful in its efforts to establish a more flexible capital structure.

SIGNATURES

SIGNATURES 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. TIDEWATER INC. Date: September 27, 2024 By: /s/ Daniel A. Hudson Daniel A. Hudson Executive Vice President, General Counsel and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR