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    Tidewater Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    11/1/24 4:10:05 PM ET
    $TDW
    Marine Transportation
    Consumer Discretionary
    Get the next $TDW alert in real time by email
    tdw20241101_8k.htm
    false 0000098222 0000098222 2024-11-01 2024-11-01 0000098222 tdw:CommonStock0001ParValuePerShareCustomMember 2024-11-01 2024-11-01 0000098222 tdw:WarrantsToPurchaseSharesOfCommonStockCustomMember 2024-11-01 2024-11-01
     
    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): November 1, 2024

    Tidewater Inc.
    (Exact name of registrant as specified in its charter)

     
    Delaware
    1-6311
    72-0487776
    (State or other jurisdiction
    of incorporation)
    (Commission
    File Number)
    (IRS Employer
    Identification No.)
         
    842 West Sam Houston Parkway North, Suite 400
    Houston, Texas
      77024
    (Address of principal executive offices)   (Zip Code)
     
    Registrant’s telephone number, including area code: (713) 470-5300
         
    Not Applicable
    (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))
     
    Securities registered pursuant to Section 12(b) of the Act:
     
    Title of each class
     
    Trading Symbol(s)
     
    Name of each exchange on which registered
             
    Common stock, $0.001 par value per share
     
    TDW
     
    New York Stock Exchange
    Warrants to purchase shares of common stock
     
    TDW.WS
     
    NYSE American
             
     
    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) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).
     
    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. ☐


     
     

     
     
    Item 8.01. Other Events.
     
    As previously disclosed, effective November 15, 2018, Tidewater Inc., a Delaware corporation (the "Company"), assumed 782,993 warrants issued by GulfMark Offshore, Inc. pursuant to a warrant agreement, dated November 14, 2017. These warrants are exercisable for 861,292 shares (based on a 1 warrant to a 1.1 share ratio) with an exercise price of $100.00, and expire Thursday, November 14, 2024 at 5:00 p.m. Eastern Time. To provide for timely settlement, the NYSE has informed the Company that it will suspend trading in the securities before the market opens on Wednesday, November 13, 2024.
     
    This Current Report on Form 8-K contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 which are subject to known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed in such forward-looking statements. Additional information concerning these and other important risks and uncertainties can be found in the Company’s filings 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.
     
    Item 9.01. Exhibits.
     
    (d) Exhibits.
     
    Exhibit No.
    Description
    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.
     
           
       
    TIDEWATER INC.
           
    Date:
    November 1, 2024
    By:
    /s/ Daniel A. Hudson
         
    Daniel A. Hudson
         
    Executive Vice President, General Counsel and Secretary
     
     
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