{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-070265","form_type":"8-K","ticker":"INVX","cik":"0001042893","company_name":"Innovex International, Inc.","filed_at":"2024-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.203934+00:00","generated_at":"2026-06-04T14:28:35.178243+00:00","sec_items":["1.01","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Dril-Quip to merge with Innovex in all-stock deal; Dril-Quip holders own ~52%","bullets":["Dril-Quip (DRQ) and Innovex sign definitive merger agreement; all-stock transaction.","Combined company renamed Innovex International; Dril-Quip holders own ~52%, Innovex ~48%.","Pro forma 2023 revenue >$1.0B, adjusted EBITDA $221M including ~$30M annual cost synergies.","Pro forma year-end 2023 net cash of $99M; transaction expected to close by Dec 18, 2024.","Post-closing: Adam Anderson becomes CEO, Kendal Reed CFO; board to have 9 members."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-070265","json":"https://secwatch.observer/filing/0001193125-24-070265.json","markdown":"https://secwatch.observer/filing/0001193125-24-070265.md","text":"https://secwatch.observer/filing/0001193125-24-070265.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1042893/000119312524070265/0001193125-24-070265-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1042893/000119312524070265/d803484d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T14:28:35.178243+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":"d3de2b9da02aca8dc276eeb98c90eb6cce6079fb","claim":"Innovex International, Inc. entered into Agreement and Plan of Merger with Dril-Quip, Inc., Ironman Merger Sub, Inc., DQ Merger Sub, LLC (effective 2024-03-18).","evidence_excerpt":"On March 18, 2024, Dril-Quip, Inc., a Delaware corporation (“ Parent ”), Ironman Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent (“ Merger Sub Inc. ”), and DQ Merger Sub, LLC, a Delaware limited liability company and wholly owned subsidiary of Parent (“ Merger Sub LLC ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Innovex Downhole Solutions Inc., a Delaware corporation (the “ Company ”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1042893/000119312524070265/0001193125-24-070265-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Dril-Quip, Inc., Ironman Merger Sub, Inc., DQ Merger Sub, LLC"},{"label":"Effective","value":"2024-03-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}