Dril-Quip clears HSR waiting period for Innovex merger; settles shareholder lawsuit

Innovex International, Inc.

HSR waiting period expired May 1, 2024, allowing Dril-Quip-Innovex merger to proceed.
Steamfitters shareholder lawsuit over fiduciary duties settled; Dril-Quip amends stockholder agreement to moot claims.
Amberjack no longer required to vote for Board nominees at 2025 annual meeting; transfer restrictions removed.
Amberjack retains right to nominate four directors only if it owns >=40% of combined company stock at closing.

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