other_material
confidence low
sentiment neutral
materiality 0.40
Cactus presents at investor meetings; updates on pending Baker Hughes SPC acquisition
Cactus, Inc.
- Presentation includes preliminary 2024 financial data for Baker Hughes Surface Pressure Control (SPC) acquisition.
- Guides for Adjusted EBITDA Margin in Pressure Control and Spoolable Technologies and Adjusted EBITDA for Corporate.
- SPC transaction announced June 2, 2025; closing subject to regulatory approvals and audit completion.
item 7.01item 9.01