---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-001488"
form_type: "8-K"
ticker: null
cik: "0001031623"
company_name: "GULF ISLAND FABRICATION INC"
filed_at: "2026-01-16T23:59:59+00:00"
generated_at: "2026-05-16T09:42:26.022114+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Gulf Island Fabrication acquired by IES Holdings for $12.00 per share; stock to be delisted

## Summary
- Merger completed on Jan 16, 2026; GIFI shareholders receive $12.00 cash per share.
- Company becomes indirect wholly owned subsidiary of IES Holdings.
- All directors of GIFI ceased; replaced by IES executives Matthew Simmes and Tracy McLauchlin.
- GIFI's $17.8M secured note with Zurich paid off and terminated.
- Common stock will be delisted from NASDAQ; deregistration planned.

## SEC filing metadata
- accession: 0001140361-26-001488
- form_type: 8-K
- cik: 0001031623
- company_name: GULF ISLAND FABRICATION INC
- filed_at: 2026-01-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031623/000114036126001488/0001140361-26-001488-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031623/000114036126001488/ef20063243_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-001488
- JSON: https://secwatch.observer/filing/0001140361-26-001488.json
- Plain text: https://secwatch.observer/filing/0001140361-26-001488.txt

## Source-grounded claims
- claim_id: b60cc58c63f7324ecbfdb311bd047bc17c1684da
  claim: GULF ISLAND FABRICATION INC: Merger resulting in cancellation of common shares and termination of shareholder rights.
  evidence_excerpt: each share of Common Stock that was issued and outstanding immediately prior to the Effective Time (other than Excluded Shares) was converted into the right to receive the Per Share Merger Consideration
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031623/000114036126001488/0001140361-26-001488-index.htm
- claim_id: 1a0ecb57f31055816f9a488cf3df29c26fd28131
  claim: GULF ISLAND FABRICATION INC underwent a change of control involving IES Holdings, Inc. for $12.00 per share (closed 2026-01-16).
  evidence_excerpt: announced Agreement and Plan of Merger, dated November 7, 2025 (the “Merger Agreement”), by and among IES Holdings, Inc. (“IES”), a Delaware corporation, IES Merger Sub, LLC, a Louisiana limited liability company and an indirect wholly owned
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031623/000114036126001488/0001140361-26-001488-index.htm
- claim_id: 27881d23884798805b6983c655bef2cb464be0fb
  claim: GULF ISLAND FABRICATION INC terminated a merger.
  evidence_excerpt: The information set forth in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031623/000114036126001488/0001140361-26-001488-index.htm

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