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Nine Energy Service, Inc. emerged from bankruptcy on the Plan Effective Date following confirmation of its Prepackaged Plan of Reorganization by the Bankruptcy Court on March 4, 2026. The company exited its ABL facility, terminated certain agreements, issued approximately 13,950,000 shares of New Common Stock, adopted amended governance documents, and experienced changes in control and board composition.
Event Type
Disclosure
Mandatory
Variant
8-K
Entry into a Material Definitive Agreement. Exit ABL Facility As previously disclosed, on February 3, 2026, the Company Parties entered into a senior secured su
Termination of a Material Definitive Agreement. Pursuant to the Plan, on the Plan Effective Date, the obligations of Company Parties under the following agreeme
Bankruptcy or Receivership. On March 4, 2026, the Bankruptcy Court entered an order confirming the Plan. The material features of the Plan include, among other
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 1.01 of thi
Unregistered Sales of Equity Securities. Pursuant to the Plan, on the Plan Effective Date, the Company issued approximately 13,950,000 shares of New Common Stoc
Material Modification to Rights of Security Holders. The information set forth under Items 1.02, 1.03, 5.01 and 5.03 of this Report is incorporated herein by re
Changes in Control of Registrant. The information set forth under Items 1.03 and 3.02 of this Report is incorporated herein by reference. Pursuant to the Plan,
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Pursuant to t
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On the Plan Effective Date, pursuant to the Plan, the Company adopted the Fourth Amend
Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description 2.1 Amended Joint Prepackaged Plan of Reorganization of Nine Energy Service, Inc. and
Material Agreement
Debt / Financing