---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-026042"
form_type: "8-K/A"
ticker: "TDW"
cik: "0000098222"
company_name: "TIDEWATER INC"
filed_at: "2023-09-15T23:59:59+00:00"
generated_at: "2026-06-10T17:10:40.611180+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Tidewater files Solstad vessel acquisition financials; 2022 pro forma net loss $110M

## Summary
- Acquired 37 PSVs for $596.2M cash; financed via $325M DnB term loan and $250M 10.375% bonds due 2028.
- Pro forma FY2022: rev $829M, net loss $110M, EPS ($2.48); Solstad vessels contributed $174M rev and $85M loss.
- Pro forma H1 2023: rev $514M, net income $1.3M, EPS $0.03; Solstad vessels contributed $104M rev and $27M loss.
- Audited carve-out financials of Solstad PSV for FY2021-22 provided with a qualified opinion on IFRS 1 omission.
- No synergy assumptions included; pro forma reflects preliminary asset acquisition accounting.

## SEC filing metadata
- accession: 0001437749-23-026042
- form_type: 8-K/A
- ticker: TDW
- cik: 0000098222
- company_name: TIDEWATER INC
- filed_at: 2023-09-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/98222/000143774923026042/0001437749-23-026042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/98222/000143774923026042/tdw20230808_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-026042
- JSON: https://secwatch.observer/filing/0001437749-23-026042.json
- Plain text: https://secwatch.observer/filing/0001437749-23-026042.txt

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