---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-009681"
form_type: "8-K"
ticker: "TDW"
cik: "0000098222"
company_name: "TIDEWATER INC"
filed_at: "2022-04-26T23:59:59+00:00"
generated_at: "2026-06-26T04:55:17.972831+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Tidewater completes acquisition of Swire Pacific Offshore for $42M cash and 8.1M warrants

## Summary
- Acquisition of SPO adds 50 vessels, creating the world's leading OSV operator.
- Consideration: $42M cash plus 8.1M warrants with 25-year term, issued to seller.
- Expects approximately $45M in annual run-rate cost synergies from the combined company.
- Risk factors added: integration challenges, potential dilution from warrants, and share overhang.
- Registration rights granted to seller; warrants trade on NYSE.

## SEC filing metadata
- accession: 0001437749-22-009681
- form_type: 8-K
- ticker: TDW
- cik: 0000098222
- company_name: TIDEWATER INC
- filed_at: 2022-04-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/98222/000143774922009681/0001437749-22-009681-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/98222/000143774922009681/tdw20220422_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-009681
- JSON: https://secwatch.observer/filing/0001437749-22-009681.json
- Plain text: https://secwatch.observer/filing/0001437749-22-009681.txt

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