secwatch / observer
8-K filed July 16, 2025, 7:59 PM ET CIK 0001723089
M&A confidence high sentiment neutral materiality 1.00

ChampionX Corp: M&A transaction — ChampionX completes merger with SLB; stockholders receive 0.735 SLB shares per CHX share

ChampionX Corp

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

ChampionX Corp: ChampionX's Second Amended and Restated Certificate of Incorporation was amended and restated in its entirety to become the Third Amended and Restated Certificate of Incorporation of the Surviving Corporation, effective at the Effective Time of the Merger.

Change
charter amendment
Exact text from the filing
the Second Amended and Restated Certificate of Incorporation of ChampionX was amended and restated in its entirety (as so amended and restated, the “ Third Amended and Restated Certificate of Incorporation ”) and the Third Amended and Restated Certificate of Incorporation became the certificate of incorporation of the Surviving Corporation.
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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

ChampionX Corp: The bylaws of Merger Sub as in effect immediately prior to the Effective Time, with references to Merger Sub amended to refer to the Surviving Corporation, became the Second Amended and Restated By-laws of the Surviving Corporation.

Change
bylaw amendment
Exact text from the filing
the bylaws of Merger Sub as in effect immediately prior to the Effective Time, except that all references therein to Merger Sub were amended to become references to the Surviving Corporation, became the bylaws of the Surviving Corporation (as so amended, the “ Second Amended and Restated By-laws ”).
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M&A Transactions SEC 8-K Item 2.01/5.01 confidence 1.0

ChampionX Corp underwent a change of control involving Schlumberger Limited for 0.735 shares of SLB Common Stock per share of ChampionX Common Stock, plus cash in lieu of fractional shares (closed 2025-07-16).

Action
change of control
Counterparty
Schlumberger Limited
Consideration
0.735 shares of SLB Common Stock per share of ChampionX Common Stock, plus cash in lieu of fractional shares
Closing
2025-07-16
Exact text from the filing
☐ Introductory Note On July 16, 2025 (the “ Closing Date ”), pursuant to the terms and conditions of the Agreement and Plan of Merger, dated as of April 2, 2024, by and among ChampionX Corporation, a Delaware corporation (“ ChampionX ”), Schlumberger Limited, a Curaçao corporation (“ SLB ”), Sodium Holdco, Inc., a Delaware corporation and indirect wholly owned subsidiary of SLB (“ Sodium US ”), and Sodium Merger Sub, Inc., a Delaware corporation and direct wholly owned subsidiary of Sodium US (“ Merger Sub ”) (the “ Merger Agreement ”), Merger Sub merged with and into ChampionX (the “ Merger ”) with ChampionX surviving the Merger as an indirect wholly owned subsidiary of SLB (the “ Surviving Corporation ”).
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Source: SEC EDGAR
accession 0001193125-25-159855
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