secwatch.observer — SEC 8-K summary
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Issuer:     KLX Energy Services Holdings, Inc. (KLXE)
CIK:        0001738827
Form:       8-K
Filed at:   2022-12-30T23:59:59+00:00
Accession:  0001193125-22-315373
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

KLX Energy Services exchanges $8.75M in 11.5% notes for 542,567 common shares
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- $8.75M aggregate principal of 11.5% senior secured notes due 2025 exchanged for 542,567 shares of common stock.
- Exchanges occurred Nov 11 to Dec 30, 2022 with certain noteholders under Section 3(a)(9) exemption.
- After these and prior 2022 exchanges, approximately $237.25M principal of notes remains outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1738827/000119312522315373/0001193125-22-315373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1738827/000119312522315373/d445456d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-315373

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