secwatch.observer — SEC 8-K summary
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Issuer:     NCS Multistage Holdings, Inc. (NCSM)
CIK:        0001692427
Form:       8-K
Filed at:   2026-09-01T12:44:59+00:00
Accession:  0001193125-26-377638
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.95
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NCS Multistage completes Weatherford merger; shareholders get 0.5537 WFT shares or cash/stock mix
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- Merger completed Sept 1, 2026; NCSM now wholly owned subsidiary of Weatherford International.
- Stockholders could elect 0.5537 Weatherford shares per NCSM share or mixed cash+0.2392 shares; ~55% chose mixed, ~99.2% receive it.
- NCSM stock to be delisted from Nasdaq; Form 25 and Form 15 to be filed to end registration and reporting.
- Credit agreement with JPMorgan terminated; all outstanding obligations paid in full and liens released.
- Board and officers replaced; CEO Hummer and CFO Morrison resigned, new officers from Weatherford appointed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/d534761d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-377638

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