Weatherford to acquire NCS Multistage; issues shares to Advent in private placement

Weatherford International plc

Merger Sub will merge into NCS Multistage, which survives as a wholly owned Weatherford subsidiary.
Target stockholders can elect Weatherford ordinary shares or a mix of cash and shares, subject to proration.
Largest stockholder Advent could receive up to 818,604 Weatherford ordinary shares under Section 4(a)(2) private placement.
Merger expected to close in Q3 2026, subject to regulatory approvals and other customary conditions.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.4

Weatherford International plc issued up to a total of 818,604 Ordinary Shares of common stock to Advent-NCS Acquisition L.P..

Security: common stock
Shares: up to a total of 818,604 Ordinary Shares
Purchaser: Advent-NCS Acquisition L.P.

Exact text from the filing

Pursuant to the terms and subject to the conditions set forth in the Merger Agreement, upon consummation of the Merger, Advent, depending on whether it elects all stock or a mix of cash and stock, could receive up to a total of 818,604 Ordinary Shares.

View on SEC.gov

Browse all equity issuances →

Weatherford International plc filing history →

Source: SEC EDGAR

accession 0001603923-26-000058

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.