M&A - SEACOR Marine Holdings Inc.
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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