SEACOR Marine Holdings Inc. (SMHI): M&A transaction — SEACOR Marine completes sale of two liftboats for $76M; net cash $75.1M

SEACOR Marine Holdings Inc.

Sold U.S. flag liftboats L/B Jill ($45M) and L/B Robert ($31M) to JAD Construction Ltd.
Net cash proceeds of ~$75.1M after transaction costs; also sold uninstalled equipment for $1M.
Pro forma shows elimination of ~$12.9M revenue and ~$2.8M depreciation for six months ended June 2025.
Pro forma FY2024 net loss improves $26.6M to ($51.5M) due to $30.5M gain on sale.
Balance sheet cash increases to $128.6M from $51.6M; net property and equipment reduced by $45.7M.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

SEACOR Marine Holdings Inc. completed a disposition involving JAD Construction Limited for $76.0 million (closed 2025-09-29).

Action: disposition
Counterparty: JAD Construction Limited
Consideration: $76.0 million
Closing: 2025-09-29

Exact text from the filing

to memorandum of agreements entered into on August 6, 2025 with JAD Construction Limited (the “Buyer”). At closing, the Buyer paid the Sellers an aggregate purchase price of $76.0 million for the Liftboat Sales, comprised of $45.0 million for the L/B Jill and $31.0 million for the L/B Robert. After deducting transaction costs and expenses, the Company received net

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SEACOR Marine Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-230252

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