other_material
confidence high
sentiment positive
materiality 0.80
DNOW stockholders approve stock issuance for MRC Global merger
DNOW Inc.
- Special meeting held Sep 9, 2025; 94,776,670 votes for, 38,288 against, 46,081 abstain.
- Approval of share issuance to MRC Global holders, a key condition for the Merger Agreement.
- Quorum met with 94,861,039 shares (88.6% of outstanding) present in person or by proxy.
- Adjournment proposal also approved (89,217,804 for) but not needed due to sufficient votes.
item 5.07