secwatch.observer — SEC 8-K summary
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Issuer:     DAWSON GEOPHYSICAL CO (DWSN)
CIK:        0000799165
Form:       8-K
Filed at:   2022-01-18T23:59:59+00:00
Accession:  0001104659-22-004648
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.01, 3.03, 5.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wilks Brothers completes tender offer for Dawson Geophysical; acquires 73.5% control
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- Merger Sub purchased 15.3M shares at $2.34 per share; total consideration approx. $35.8M in cash.
- Combined with existing Wilks ownership, total represents ~73.5% of outstanding shares; change in control effective.
- Directors Stephen Jumper, Craig Cooper, and Michael Klofas resigned; Matt Wilks, Sergei Krylov, Bruce Bradley appointed.
- Matt Wilks appointed Chairman; Bruce Bradley named to Audit Committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799165/000110465922004648/0001104659-22-004648-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799165/000110465922004648/tm222433d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-004648

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