{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-058782","form_type":"8-K","ticker":"INVX","cik":"0001042893","company_name":"Innovex International, Inc.","filed_at":"2025-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.283140+00:00","generated_at":"2026-05-23T05:38:22.234727+00:00","sec_items":["1.01","2.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Innovex to sell Eldridge facility for $95M; prelim Q1 rev ~$240M vs guidance $245-255M","bullets":["Sale of Houston campus to BIG Acquisitions LLC for $95M; expected close Q3 2025; short-term lease until Dec 2025 at $650K/mo.","Proceeds represent ~9% of current market cap; bolsters net cash position; reduces Houston Subsea footprint by 82%.","Q1 2025 revenue expected ~$240M (guidance $245-255M); weakness in Mexico far greater than projected.","Preliminary Q1 Adjusted EBITDA of $44-46M; company retains $100M share buyback authorization and active M&A pipeline.","Sale supports strategy of flexible cost structure and conservative balance sheet; no disruption to customer deliveries expected."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-058782","json":"https://secwatch.observer/filing/0000950170-25-058782.json","markdown":"https://secwatch.observer/filing/0000950170-25-058782.md","text":"https://secwatch.observer/filing/0000950170-25-058782.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1042893/000095017025058782/0000950170-25-058782-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1042893/000095017025058782/invx-20250421.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T05:38:22.234727+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"}