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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
FORM 8-K
 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 17, 2023
 

 
Tidewater Inc.
(Exact name of registrant as specified in its charter)
 

 
Delaware
1-6311
72-0487776
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
 
842 West Sam Houston Parkway North, Suite 400
Houston, Texas
77024
(Address of principal executive offices)
(Zip Code)
 
Registrants telephone number, including area code: (713) 470-5300
     
Not Applicable
(Former Name or Former Address, If Changed Since Last Report)
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
 
Trading Symbol(s)
 
Name of each exchange on which registered
         
Common stock, $0.001 par value per share
 
TDW
 
New York Stock Exchange
Series A Warrants to purchase shares of common stock
 
TDW.WS.A
 
New York Stock Exchange
Series B Warrants to purchase shares of common stock
 
TDW.WS.B
 
New York Stock Exchange
Warrants to purchase shares of common stock
 
TDW.WS
 
NYSE American
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).
 
Emerging Growth Company
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 


 
 

 
Item 8.01. Other Events.
 
As previously disclosed, effective July 31, 2017, Tidewater Inc. (the “Company”) issued 2,432,432 Series A Warrants with a strike price of $57.06 (NYSE: TDW.WS.A) and 2,629,657 Series B Warrants with a strike price of $62.28 (NYSE: TDW.WS.B). These warrants have a six-year life and are due to expire on Monday, July 31, 2023 at 5:00 p.m. Eastern Time. To provide for timely settlement, the NYSE has informed the Company that it will suspend trading in both securities after the close of market on Wednesday, July 26, 2023.
 
Forward-Looking Statements
 
In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the Company notes that certain statements set forth in this press release contain certain forward-looking statements. Forward-looking statements are all statements other than statements of historical fact, and are subject to risks and uncertainties, many of which are beyond the control of the Company. Except to the extent required by law, the Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein.
 
Item 9.01. Exhibits.
 
(d) Exhibits.
 
Exhibit No.
 
Description
104
 
Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 

 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
   
TIDEWATER INC.
       
       
Date:
July 17, 2023
By:
/s/ Daniel A. Hudson
     
Daniel A. Hudson
     
Executive Vice President, General Counsel and Corporate Secretary