secwatch.observer — SEC 8-K summary
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Issuer:     TIDEWATER INC (TDW)
CIK:        0000098222
Form:       8-K
Filed at:   2022-08-12T23:59:59+00:00
Accession:  0001437749-22-020340
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tidewater prices public offering of 3.52M shares at $17.85; warrants repurchase from Banyan
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- Announced underwritten public offering of 3,520,000 shares at $17.85/share; gross proceeds ~$62.8M.
- Underwriter's over-allotment option for 528,000 shares exercised in full; total net proceeds ~$70.6M.
- Proceeds to repurchase warrants from Banyan Overseas Limited, issued in connection with Swire Pacific Offshore acquisition.
- Offering closed on August 12, 2022; Morgan Stanley sole underwriter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/98222/000143774922020340/0001437749-22-020340-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/98222/000143774922020340/tdw20220810b_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-020340

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