secwatch.observer — SEC 8-K summary
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Issuer:     SEACOR Marine Holdings Inc. (SMHI)
CIK:        0001690334
Form:       8-K
Filed at:   2025-10-03T23:59:59+00:00
Accession:  0001193125-25-230252
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SEACOR Marine completes sale of two liftboats for $76M; net cash $75.1M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690334/000119312525230252/0001193125-25-230252-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690334/000119312525230252/smhi-20250929.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-230252

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