secwatch.observer — SEC 8-K summary
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Issuer:     DNOW Inc. (DNOW)
CIK:        0001599617
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001193125-25-269726
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 2.01, 2.03, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DNOW completes acquisition of MRC Global; expects $70M annual synergies
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- Acquisition of MRC Global closed Nov 6, 2025; each MRC share converted to 0.9489 DNOW share.
- Combined company expects $70M annual cost synergies within 3 years via operational and supply chain efficiencies.
- New $850M senior secured ABL credit facility (expandable to $1.35B) matures Nov 30, 2030.
- Board expanded to 10 members; former MRC executives George Damiris and Ronald Jadin appointed.
- Gillian Anderson appointed VP & CAO at $315k base salary; previously MRC Global's CAO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1599617/000119312525269726/0001193125-25-269726-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1599617/000119312525269726/d66585d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-269726

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer