{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-018759","form_type":"8-K","ticker":"TDW","cik":"0000098222","company_name":"TIDEWATER INC","filed_at":"2026-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.108277+00:00","generated_at":"2026-05-16T01:01:28.985928+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Tidewater acquires WSUT for $500M; adds 22 PSVs, expands Brazil fleet","bullets":["Enterprise value $500M includes assumption of ~$261M debt; all-cash from cash on hand.","Acquires 22 PSVs (19 Brazilian-built); Brazil fleet grows from 6 to 28 vessels.","WSUT backlog ~$441M; below-market day rates expected to drive earnings uplift on rollover.","Pro forma net leverage below 1.0x; accretive to 2026E and 2027E EPS and FCF per share.","Closing expected late Q2 2026; subject to CADE antitrust approval and customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-018759","json":"https://secwatch.observer/filing/0001104659-26-018759.json","markdown":"https://secwatch.observer/filing/0001104659-26-018759.md","text":"https://secwatch.observer/filing/0001104659-26-018759.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/98222/000110465926018759/0001104659-26-018759-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/98222/000110465926018759/tm266868d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T01:01:28.985928+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":"3ce578e8fb215e1c41da3bb814ffd456b3a5fe0c","claim":"TIDEWATER INC entered into Sale and Purchase Agreement with Wilson Sons S.A., Ultranav International II, S.A. and Remolcadores Ultratug Limitada (collectively, the \"Sellers\") valued at $500,000,000 (effective 2026-02-22).","evidence_excerpt":"On February 22, 2026, Tidewater Inc., a Delaware corporation (the “ Company ”), entered into a Sale and Purchase Agreement (the “ Sale and Purchase Agreement ” and, together with the other related documents, the “ Transaction Documents ”) between Wilson Sons S.A., Ultranav International II, S.A. and Remolcadores Ultratug Limitada (collectively, the “ Sellers ”),","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/98222/000110465926018759/0001104659-26-018759-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Wilson Sons S.A., Ultranav International II, S.A. and Remolcadores Ultratug Limitada (collectively, the \"Sellers\")"},{"label":"Value","value":"$500,000,000"},{"label":"Effective","value":"2026-02-22"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}