---
schema_version: "secwatch.filing_event.v1"
accession: "0001590584-26-000066"
form_type: "8-K"
ticker: "CVEO"
cik: "0001590584"
company_name: "Civeo Corp"
filed_at: "2026-07-02T12:36:20+00:00"
generated_at: "2026-07-02T12:40:10.069704+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Civeo prices $100M convertible notes due 2031; renews Western Canada contract through 2032

## Summary
- Priced $100M of 4.50% convertible senior notes due 2031; initial purchasers have option for additional $15M.
- Net proceeds ~$96.2M; $22.3M used to repurchase 660,297 shares concurrently; remainder to repay debt.
- Conversion price ~$40.51 per share, a 20% premium over $33.76 closing price on July 1, 2026.
- Western Canada joint venture awarded six-year contract renewal through June 30, 2032, superseding 2027 expiry.
- Contract covers workforce accommodations and hospitality services across Civeo's lodge network.

## SEC filing metadata
- accession: 0001590584-26-000066
- form_type: 8-K
- ticker: CVEO
- cik: 0001590584
- company_name: Civeo Corp
- filed_at: 2026-07-02T12:36:20+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590584/000159058426000066/0001590584-26-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590584/000159058426000066/cveo-20260701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590584-26-000066
- JSON: https://secwatch.observer/filing/0001590584-26-000066.json
- Plain text: https://secwatch.observer/filing/0001590584-26-000066.txt

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