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    Independence Contract Drilling Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Leadership Update, Financial Statements and Exhibits

    8/7/24 6:45:12 AM ET
    $ICD
    Oil & Gas Production
    Energy
    Get the next $ICD alert in real time by email
    0001537028false00015370282024-08-052024-08-05

    ​

    ​

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

    FORM 8-K

    CURRENT REPORT

    Pursuant to Section 13 or 15(d)

    of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): August 5, 2024

    Independence Contract Drilling, Inc.

    (Exact name of registrant as specified in its charter)

    ​

    ​

    ​

    ​

    ​

    Delaware

        

    001-36590

        

    37-1653648

    (State or other jurisdiction

    of incorporation)

    ​

    (Commission

    File Number)

    ​

    (I.R.S. Employer

    Identification No.)

    ​

    20475 State Highway 249, Suite 300

    Houston, TX 77070

    (Address of principal executive offices)

    ​

    (281) 598-1230

    (Registrant’s telephone number, including area code)

    ​

    N/A

    (Former name or former address, if changed since last report)

    ​

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

    ​

    ​

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    ​

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company  ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

    Securities registered pursuant to Section 12(b) of the Act:

    ​

    ​

    ​

    ​

    ​

    Title of each class

        

    Trading symbol(s)

        

    Name of each exchange where registered

    Common Stock, $0.01 par value per share

    ​

    ICD

    ​

    New York Stock Exchange

    ​

    ​

    ​

    ​

    ​

    Item 2.02 Results of Operations and Financial Condition

    On August 7, 2024, Independence Contract Drilling, Inc. (the “Company” or “ICD”) issued a press release reporting unaudited financial results for the second quarter ended June 30, 2024. A copy of the press release is being furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

    The information furnished pursuant to Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing of the Company under the Exchange Act or the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.

    Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangement of Certain Officers

    On August 5, 2024, Stacy D. Nieuwoudt notified Independence Contract Drilling, Inc. (the “Company”) of her decision to resign effective August 16, 2024, from the Board of Directors. There were no disagreements between Ms. Nieuwoudt and the Company on any matter relating to its operations, policies and procedures. Ms. Nieuwoudt served as Chair of the Audit Committee and the Nominating and Corporate Governance Committees of the Board of Directors.

    Item 9.01 Financial Statements and Exhibits

    (d)Exhibits

    ​

    ​

    99.1

    Press Release dated August 7, 2024

    ​

    ​

    104

    Cover Page Interactive Data File (embedded within the Inline XBRL document)

    ​

    ​

    ​

    ​

    ​

    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.

    ​

    ​

    ​

    ​

    Independence Contract Drilling, Inc.

    ​

    ​

    ​

    Date: August 7, 2024

    By:

    /s/ Philip A. Choyce

    ​

    Name:

    Philip A. Choyce

    ​

    Title:

    Executive Vice President, Chief Financial Officer, Treasurer and Secretary

    ​

    ​

    ​

    ​

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