{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-149114","form_type":"8-K","ticker":"DNOW","cik":"0001599617","company_name":"DNOW Inc.","filed_at":"2025-06-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.960096+00:00","generated_at":"2026-05-18T17:52:05.525325+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"DNOW to acquire MRC Global in $1.5B all-stock merger; expects $70M annual cost synergies","bullets":["MRC shareholders receive 0.9489 DNOW shares per MRC share; 8.5% premium to MRC's 30-day VWAP of $12.77.","Transaction valued at approximately $1.5B, including MRC Global's net debt.","Expected to realize $70 million of annual cost synergies within three years of closing.","Combined company will have over 350 service and distribution locations across more than 20 countries.","DNOW secured $250M committed incremental debt financing on existing ABL facility, raising total to $750M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-149114","json":"https://secwatch.observer/filing/0001193125-25-149114.json","markdown":"https://secwatch.observer/filing/0001193125-25-149114.md","text":"https://secwatch.observer/filing/0001193125-25-149114.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1599617/000119312525149114/0001193125-25-149114-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1599617/000119312525149114/d904394d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T17:52:05.525325+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}