---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-103237"
form_type: "8-K"
ticker: null
cik: "0001136294"
company_name: "NOS4-1, Inc."
filed_at: "2023-09-22T23:59:59+00:00"
generated_at: "2026-06-10T09:31:24.955191+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Williams Industrial Services completes asset sale for $59.3M; ceases operations

## Summary
- Sale closed Sep 18; net cash $59,309,043 from Energy Solutions Nuclear Services, LLC.
- Company ceases all operations; will not file financial statements for the sale.
- CEO Tracy Pagliara, CFO/COO Randall Lay, and SVP/Secretary Charles Wheelock resigned.
- Board members Steven Davis, Linda Goodspeed, Mitchell Quain resigned effective Sep 22.
- Common stock (WLMS) highly speculative; holders likely face complete loss in Chapter 11.

## SEC filing metadata
- accession: 0001104659-23-103237
- form_type: 8-K
- cik: 0001136294
- company_name: NOS4-1, Inc.
- filed_at: 2023-09-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1136294/000110465923103237/0001104659-23-103237-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1136294/000110465923103237/tm2326747d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-103237
- JSON: https://secwatch.observer/filing/0001104659-23-103237.json
- Plain text: https://secwatch.observer/filing/0001104659-23-103237.txt

## Key facts
- Executive change
  Tracy D. Pagliara resigned as President and Chief Executive Officer at NOS4-1, Inc..
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: Effective immediately following the consummation of the Sale, the following individuals resigned as officers of the Company and its affiliates, and their employment was terminated without cause: (i) Tracy D. Pagliara, President and Chief Executive Officer; (ii) Randall R. Lay, Executive Vice President, Chief Financial Officer and Chief Operating Officer; and (iii) Charles E. Wheelock, Senior Vice President, Chief Administrative Officer, General Counsel and Secretary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136294/000110465923103237/0001104659-23-103237-index.htm
- Executive change
  Charles E. Wheelock resigned as Senior Vice President, Chief Administrative Officer, General Counsel and Secretary at NOS4-1, Inc..
  - Action: resigned
  - Role: Senior Vice President, Chief Administrative Officer, General Counsel and Secretary
  source text: Effective immediately following the consummation of the Sale, the following individuals resigned as officers of the Company and its affiliates, and their employment was terminated without cause: (i) Tracy D. Pagliara, President and Chief Executive Officer; (ii) Randall R. Lay, Executive Vice President, Chief Financial Officer and Chief Operating Officer; and (iii) Charles E. Wheelock, Senior Vice President, Chief Administrative Officer, General Counsel and Secretary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136294/000110465923103237/0001104659-23-103237-index.htm
- Executive change
  Linda A. Goodspeed resigned as Director at NOS4-1, Inc..
  - Action: resigned
  - Role: Director
  source text: the following members of the Board of Directors resigned as directors of the Company, effective September 22, 2023: Steven D. Davis, Linda A. Goodspeed, and Mitchell I. Quain.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136294/000110465923103237/0001104659-23-103237-index.htm
- Executive change
  Tracy D. Pagliara resigned as Member of the Board of Directors at NOS4-1, Inc..
  - Action: resigned
  - Role: Member of the Board of Directors
  source text: Mr. Pagliara also resigned as a member of the Company’s Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136294/000110465923103237/0001104659-23-103237-index.htm
- Executive change
  Steven D. Davis resigned as Director at NOS4-1, Inc..
  - Action: resigned
  - Role: Director
  source text: the following members of the Board of Directors resigned as directors of the Company, effective September 22, 2023: Steven D. Davis, Linda A. Goodspeed, and Mitchell I. Quain.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136294/000110465923103237/0001104659-23-103237-index.htm
- Executive change
  Mitchell I. Quain resigned as Director at NOS4-1, Inc..
  - Action: resigned
  - Role: Director
  source text: the following members of the Board of Directors resigned as directors of the Company, effective September 22, 2023: Steven D. Davis, Linda A. Goodspeed, and Mitchell I. Quain.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136294/000110465923103237/0001104659-23-103237-index.htm
- Executive change
  Randall R. Lay resigned as Executive Vice President, Chief Financial Officer and Chief Operating Officer at NOS4-1, Inc..
  - Action: resigned
  - Role: Executive Vice President, Chief Financial Officer and Chief Operating Officer
  source text: Effective immediately following the consummation of the Sale, the following individuals resigned as officers of the Company and its affiliates, and their employment was terminated without cause: (i) Tracy D. Pagliara, President and Chief Executive Officer; (ii) Randall R. Lay, Executive Vice President, Chief Financial Officer and Chief Operating Officer; and (iii) Charles E. Wheelock, Senior Vice President, Chief Administrative Officer, General Counsel and Secretary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136294/000110465923103237/0001104659-23-103237-index.htm
- M&A Transactions
  NOS4-1, Inc. completed a disposition involving Energy Solutions Nuclear Services, LLC for $59,309,043.06 (closed 2023-09-18).
  - Action: disposition
  - Counterparty: Energy Solutions Nuclear Services, LLC
  - Consideration: $59,309,043.06
  - Closing: 2023-09-18
  source text: On September 18, 2023, the Sellers and Energy Solutions consummated the Sale. The final cash consideration paid at closing, net of the aforementioned adjustments, was $59,309,043.06.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136294/000110465923103237/0001104659-23-103237-index.htm

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