Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
HELIX ENERGY SOLUTIONS GROUP INC entered into Agreement and Plan of Merger with Helix Energy Solutions Group, Inc.; Hornbeck Offshore Services, Inc. valued at Each share of Company Common Stock converted into 10.27167 shares of Converted Parent Common Stock. (effective 2026-04-22).
- Action
- entry
- Agreement
- merger
- Counterparty
- Helix Energy Solutions Group, Inc.; Hornbeck Offshore Services, Inc.
- Value
- Each share of Company Common Stock converted into 10.27167 shares of Converted Parent Common Stock.
- Effective
- 2026-04-22
Exact text from the filing
On April 22, 2026, Helix Energy Solutions Group, Inc., a Minnesota corporation (“ Parent ”), Odyssey Sub, Inc., a Delaware corporation and direct, wholly owned subsidiary of Parent (“ Parent Sub ”), Hercules Sub LLC, a Delaware limited liability company and direct, wholly owned subsidiary of Parent (“ LLC Sub ”), and Hornbeck Offshore Services, Inc., a Delaware corporation (the “ Company ”) entered into an Agreement and Plan of Merger (the “ Merger Agreement ”), pursuant to which, upon the terms and subject to the conditions set forth therein, (i) Parent Sub will merge with and into the Company, with the Company continuing as the surviving entity (the “ Surviving Corporation ”) (the “ First Company Merger ”) and (ii) immediately following the First Company Merger, the Surviving Corporation will merge with and into LLC Sub (the “ Second Company Merger ” and, together with the First Company Merger, the “ Mergers ”), with LLC Sub continuing as the surviving entity.
View on SEC.gov