secwatch.observer — SEC 8-K summary
======================================

Issuer:     SEACOR Marine Holdings Inc. (SMHI)
CIK:        0001690334
Form:       8-K
Filed at:   2026-05-21T21:07:25+00:00
Accession:  0001690334-26-000012
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SEACOR Marine amends credit deal, cancels $24.6M undrawn tranche; sells 5 vessels for $46.5M
--------------------------------------------------------------------------------

- Released $13.7M from restricted escrow; cancelled $24.6M undrawn Tranche B commitments under Nov 2024 credit agreement.
- Escrow now holds $41.0M to fully fund remaining PSV construction payments; two PSVs expected Q4 2026 and Q1 2027.
- Sold five vessels (2 PSVs, 1 FSV, 2 liftboats) held for sale for $46.5M total proceeds.
- Fleet now consists of 38 support vessels (20 FSVs, 15 PSVs, 3 liftboats); six U.S.-flagged, rest foreign.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690334/000169033426000012/0001690334-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690334/000169033426000012/smhi-20260520.htm
  HTML page:      https://secwatch.observer/filing/0001690334-26-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer