Tidewater Inc.

11/01/2024 | Press release | Distributed by Public on 11/01/2024 14:10

Material Event Form 8 K

Item8.01. 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.