---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-159855"
form_type: "8-K"
ticker: null
cik: "0001723089"
company_name: "ChampionX Corp"
filed_at: "2025-07-16T23:59:59+00:00"
generated_at: "2026-05-18T06:16:25.168222+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# ChampionX completes merger with SLB; stockholders receive 0.735 SLB shares per CHX share

## Summary
- Merger closed July 16, 2025; each ChampionX share converted into 0.735 shares of SLB common stock.
- ChampionX credit agreement terminated and fully repaid in connection with merger closing.
- ChampionX notified Nasdaq to delist its common stock; plans to file Form 15 to deregister.
- All prior directors/officers resigned; new board from SLB appointed; Paul Sims becomes president.
- Certificate of incorporation amended; ChampionX becomes indirect wholly owned subsidiary of SLB.

## SEC filing metadata
- accession: 0001193125-25-159855
- form_type: 8-K
- cik: 0001723089
- company_name: ChampionX Corp
- filed_at: 2025-07-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1723089/000119312525159855/0001193125-25-159855-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1723089/000119312525159855/d46362d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-159855
- JSON: https://secwatch.observer/filing/0001193125-25-159855.json
- Plain text: https://secwatch.observer/filing/0001193125-25-159855.txt

## Key facts
- Governance Changes
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1723089/000119312525159855/0001193125-25-159855-index.htm
- Governance Changes
  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
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1723089/000119312525159855/0001193125-25-159855-index.htm
- M&A Transactions
  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
  source text: ☐ 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1723089/000119312525159855/0001193125-25-159855-index.htm

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