{"schema_version":"secwatch.filing_event.v1","accession":"0000071829-22-000161","form_type":"8-K","ticker":"NPKI","cik":"0000071829","company_name":"NPK International Inc.","filed_at":"2022-10-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.340393+00:00","generated_at":"2026-06-23T02:06:08.988138+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Newpark Resources to sell Excalibar mineral grinding business to Cimbar for $48M plus inventory","bullets":["Sale price $48M cash, adjusted for inventory value target of $24.5M; net capital employed ~$65M as of Sep 30, 2022.","Expected net cash proceeds ~$66M from sale plus retained receivables/payables; closing targeted in Q4 2022.","Newpark will enter 4-year barite supply agreement with Cimbar covering at least 95% of U.S. barite purchases.","Proceeds to be used for debt reduction, growth investments, and/or share repurchases.","Transaction includes customary closing conditions; PPHB and Culhane Meadows advised Newpark."],"urls":{"canonical":"https://secwatch.observer/filing/0000071829-22-000161","json":"https://secwatch.observer/filing/0000071829-22-000161.json","markdown":"https://secwatch.observer/filing/0000071829-22-000161.md","text":"https://secwatch.observer/filing/0000071829-22-000161.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/71829/000007182922000161/0000071829-22-000161-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/71829/000007182922000161/nr-20221019.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T02:06:08.988138+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}