{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-342539","form_type":"8-K","ticker":"KLXE","cik":"0001738827","company_name":"KLX Energy Services Holdings, Inc.","filed_at":"2026-08-10T20:38:35+00:00","discovered_at":"2026-08-10T20:40:01.464649+00:00","generated_at":"2026-08-10T20:40:18.983157+00:00","sec_items":["1.01","8.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"KLX Energy announces $125M rights offering, $94M backstopped by 2030 noteholders to cut leverage","bullets":["$125M rights offering at $1.49/share; record date Aug 21, 2026, expire Sep 23; rights trade as KLXER.","Backstop parties commit $94M via exchange of 2030 notes at 100% principal plus accrued interest for common stock.","Net cash proceeds up to $31M for general corporate; excess used to repurchase 2030 notes at par.","Amended indenture resets leverage covenant to 4.50x step-down, relaxes incurrence test to 3.00x, cuts make-whole premium to 101%.","Each right buys 3.885 shares; over-subscription capped at 9.995% beneficial ownership."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-342539","json":"https://secwatch.observer/filing/0001193125-26-342539.json","markdown":"https://secwatch.observer/filing/0001193125-26-342539.md","text":"https://secwatch.observer/filing/0001193125-26-342539.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1738827/000119312526342539/0001193125-26-342539-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1738827/000119312526342539/d286592d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-10T20:40:18.983157+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}