Weatherford International : Material Event - Form 8-K
March 01, 2024 at 06:59 am EST
Share
Item 8.01
Other Events.
On March 1, 2024, Weatherford International plc (the "Company") filed a prospectus supplement to its Registration Statement on Form S-3ASR filed with the U.S. Securities and Exchange Commission (the "Commission") on June 15, 2022 (No. 333-265636) (the "Registration Statement"), under the Securities Act of 1933, as amended, with respect to the resale of up to 844,702 ordinary shares of the Company, nominal value $0.001 per share ("Ordinary Shares"), by the selling shareholders named therein. The Ordinary Shares being offered by the selling shareholders are being issued in connection with the Company's acquisition of ISI Holding Company, LLC and Probe Technologies Holdings, Inc.
In connection with the filing of the prospectus supplement, the Company is filing a legal opinion as Exhibit 5.1 to this current report on Form 8-K, which is incorporated by reference into the Registration Statement.
Attachments
Original Link
Permalink
Disclaimer
Weatherford International plc published this content on
01 March 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
01 March 2024 11:59:26 UTC.
Weatherford International plc is a global energy services company. It provides equipment and services used in the drilling, evaluation, well construction, completion, production, intervention, and responsible abandonment of wells in the oil and natural gas exploration and production industry as well as new energy platforms. It operates through three segments: Drilling and Evaluation (DRE), Well Construction and Completions (WCC), and Production and Intervention (PRI). DRE offers a suite of services, including managed pressure drilling, drilling services, wireline, and drilling fluids. WCC offers products and services for well integrity assurance across the full life cycle of the well. It offers tubular running services, cementation products, completions, liner hangers, and well services. PRI offers production optimization technologies. Its offerings are intervention services and drilling tools, artificial lift, digital solutions, sub-sea intervention, and pressure pumping services.