---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-202533"
form_type: "8-K"
ticker: "INVX"
cik: "0001042893"
company_name: "Innovex International, Inc."
filed_at: "2024-08-19T23:59:59+00:00"
generated_at: "2026-05-31T08:37:34.514298+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ISS recommends Dril-Quip stockholders vote FOR merger with Innovex

## Summary
- ISS recommends voting "FOR" the merger, citing strategic rationale and financial benefits.
- Expected annual cost savings of nearly $30 million and additional revenue synergies.
- Combined company to maintain net cash position of approximately $100 million post-close.
- Special meeting to be held on September 5, 2024 at 9:30 a.m. CT.
- Dril-Quip Board unanimously recommends voting FOR all proposals, including merger and governance items.

## SEC filing metadata
- accession: 0001193125-24-202533
- form_type: 8-K
- ticker: INVX
- cik: 0001042893
- company_name: Innovex International, Inc.
- filed_at: 2024-08-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042893/000119312524202533/0001193125-24-202533-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042893/000119312524202533/d837697d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-202533
- JSON: https://secwatch.observer/filing/0001193125-24-202533.json
- Plain text: https://secwatch.observer/filing/0001193125-24-202533.txt

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