Helix-Hornbeck merger completes; combined company to trade as HOS on NYSE

HELIX ENERGY SOLUTIONS GROUP INC

Merger completed: Helix converted to Delaware, merged with Legacy Hornbeck; new company renamed Hornbeck Offshore Services, Inc.
Each Legacy Hornbeck share converted into 10.27167 shares of new common stock; creditor warrants at 7.556x.
New board of 7 directors; Todd Hornbeck named CEO; Owen Kratz resigns, gets $800k/yr consulting deal.
First Lien revolving commitments increased to $125M from $75M; Helix ABL facility terminated with no borrowings.
37,818,435 shares issued to Consenting Stockholders in unregistered offering; Jones Act warrants assumed.

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