{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-003802","form_type":"8-K","ticker":"WHD","cik":"0001699136","company_name":"Cactus, Inc.","filed_at":"2023-01-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.188143+00:00","generated_at":"2026-06-20T15:21:40.228286+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Cactus prices upsized $150M public offering of 2.8M shares to fund FlexSteel acquisition","bullets":["$150M gross proceeds from 2.8M share offering priced at ~$53.53 per share; underwriters' price $51.36.","30-day underwriter option for additional 420,561 shares exercised in full on Jan 11, 2023.","Net proceeds will finance the previously announced acquisition of FlexSteel Technologies Holdings.","Offering closed Jan 13, 2023; J.P. Morgan, BofA, Piper Sandler led underwriters."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-003802","json":"https://secwatch.observer/filing/0001104659-23-003802.json","markdown":"https://secwatch.observer/filing/0001104659-23-003802.md","text":"https://secwatch.observer/filing/0001104659-23-003802.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1699136/000110465923003802/0001104659-23-003802-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1699136/000110465923003802/tm233253d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T15:21:40.228286+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":[{"claim_id":"20065d6a144bfc47a929172d9668e68e177b9a78","claim":"Cactus, Inc. entered into Underwriting Agreement with J.P. Morgan Securities LLC as representative of the several underwriters valued at up to 2,803,739 shares of Class A common stock at a price to the underwriters of $51.36 per share (effective 2023-01-10).","evidence_excerpt":"On January 10, 2023, Cactus, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) by and among the Company, Cactus Wellhead, LLC (“Cactus LLC”), and J.P. Morgan Securities LLC as representative of the several underwriters named therein (the “Underwriters”), providing for the offer and sale by the Company (the “Offering”) of up to 2,803,739 shares of the Company’s Class A common stock, par value $0.01 per share (“Class A Common Stock”). In addition, the Company granted the Underwriters a 30-day option to purchase up to an additional 420,561 shares of the Company’s Class A Common Stock at a price to the underwriters of $51.36 per share (the “Option”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1699136/000110465923003802/0001104659-23-003802-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"J.P. Morgan Securities LLC as representative of the several underwriters"},{"label":"Value","value":"up to 2,803,739 shares of Class A common stock at a price to the underwriters of $51.36 per share"},{"label":"Effective","value":"2023-01-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}