---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-24-002324"
form_type: "8-K"
ticker: "NE"
cik: "0001895262"
company_name: "Noble Corp plc"
filed_at: "2024-09-04T23:59:59+00:00"
generated_at: "2026-05-31T06:30:03.804698+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Noble closes $591M+stock acquisition of Diamond Offshore; backlog rises to $6.7B

## Summary
- Each Diamond share exchanged for $5.65 cash + 0.2316 Noble shares; total ~$591M cash and ~24.2M shares.
- Noble assumes $500M of Diamond's 8.5% Senior Secured Second Lien Notes due 2030.
- Patrice Douglas added to Noble board; former Diamond director.
- Combined backlog now $6.7B, including ~$2B from Diamond; prior 2024 guidance withdrawn.
- Noble issued 24,239,941 shares; total shares outstanding ~167.3M.

## SEC filing metadata
- accession: 0000950142-24-002324
- form_type: 8-K
- ticker: NE
- cik: 0001895262
- company_name: Noble Corp plc
- filed_at: 2024-09-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1895262/000095014224002324/0000950142-24-002324-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1895262/000095014224002324/eh240525915_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-24-002324
- JSON: https://secwatch.observer/filing/0000950142-24-002324.json
- Plain text: https://secwatch.observer/filing/0000950142-24-002324.txt

## Key facts
- Executive change
  Patrice Douglas was appointed as Director at Noble Corp plc.
  - Action: appointed
  - Role: Director
  source text: appointed Ms. Patrice Douglas as a director of Noble, effective as of immediately following the Effective Time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1895262/000095014224002324/0000950142-24-002324-index.htm
- M&A Transactions
  Noble Corp plc completed an acquisition involving Diamond Offshore Drilling, Inc. for $5.65 in cash, without interest, and 0.2316 Noble Shares (closed 2024-09-04).
  - Action: acquisition
  - Counterparty: Diamond Offshore Drilling, Inc.
  - Consideration: $5.65 in cash, without interest, and 0.2316 Noble Shares
  - Closing: 2024-09-04
  source text: 262 of the Delaware General Corporation Law) was converted automatically into the right to receive the following consideration (collectively, the “ Merger Consideration ”): (i) $5.65 in cash, without interest (the “ Per Share Cash Consideration ”), (ii) 0.2316 (the “ Exchange Ratio ”) of validly issued, fully paid and non-assessable A ordinary shares, $0.00001
  evidence_url: https://www.sec.gov/Archives/edgar/data/1895262/000095014224002324/0000950142-24-002324-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.