secwatch.observer — SEC 8-K summary
======================================

Issuer:     Noble Corp plc (NE)
CIK:        0001895262
Form:       8-K
Filed at:   2024-09-04T23:59:59+00:00
Accession:  0000950142-24-002324
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 2.03, 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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- Combined backlog now $6.7B, including ~$2B from Diamond; prior 2024 guidance withdrawn.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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1895262/000095014224002324/0000950142-24-002324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1895262/000095014224002324/eh240525915_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-24-002324

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer