---
schema_version: "secwatch.filing_event.v1"
accession: "0001401257-24-000082"
form_type: "8-K"
ticker: "FET"
cik: "0001401257"
company_name: "FORUM ENERGY TECHNOLOGIES, INC."
filed_at: "2024-03-27T23:59:59+00:00"
generated_at: "2026-06-04T07:03:23.474514+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Forum closes Variperm acquisition; pro forma combined net loss $6.1M on $868.9M revenue

## Summary
- Acquisition of Variperm closed Jan 4, 2024; base consideration 2.0M shares + $150.3M cash.
- Pro forma combined revenue $868.9M, net loss $6.1M (standalone Forum net loss was $18.9M).
- Debt financing: $60M Seller Term Loan (11%-17.5% interest) + $90M drawn from expanded ABL facility.
- Variperm contributed $130.1M revenue and $37.5M net income for twelve months ended Sep 30, 2023.
- Forum to file S-3 to register 1,946,038 shares for selling stockholders.

## SEC filing metadata
- accession: 0001401257-24-000082
- form_type: 8-K
- ticker: FET
- cik: 0001401257
- company_name: FORUM ENERGY TECHNOLOGIES, INC.
- filed_at: 2024-03-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1401257/000140125724000082/0001401257-24-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401257/000140125724000082/fet-20240327.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001401257-24-000082
- JSON: https://secwatch.observer/filing/0001401257-24-000082.json
- Plain text: https://secwatch.observer/filing/0001401257-24-000082.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.