M&A - SEACOR Marine Holdings Inc.

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Form Type: 8-K

Filing Date: 2025-04-04

Corporate Action: Acquisition

Type: New

Accession Number: 000095017025051250

Filing Summary: On April 4, 2025, SEACOR Marine Holdings Inc. executed a purchase agreement to buy back 1,355,761 shares of its common stock from funds affiliated with Carlyle for $4.90 per share. Additionally, the company acquired warrants for 1,280,195 shares of common stock at an exercise price of $0.01 per share for $4.89 per warrant. The total purchase price for this Securities Repurchase was approximately $12.9 million, representing about 9.1% of the company's outstanding shares, assuming full warrant exercise. This repurchase was funded using net proceeds from a recent vessel sale, in compliance with a waiver from its lenders as per a credit agreement dated November 27, 2024. The company issued a press release on April 4, 2025, announcing this transaction.

Document Link: View Document

Additional details:

Share Repurchase Amount: 1355761


Share Repurchase Price: 4.90


Warrants Amount: 1280195


Warrant Exercise Price: 0.01


Warrant Price: 4.89


Total Purchase Price: 12.9 million


Percentage Outstanding Shares: 9.1


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