Form 8-K - Current report
February 28 2025 - 6:43AM
Edgar (US Regulatory)
FALSE000173882700017388272025-02-282025-02-28
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 28, 2025
_____________________
KLX ENERGY SERVICES HOLDINGS, INC.
(Exact Name of Registrant as Specified in Charter)
_____________________
| | | | | | | | |
Delaware | 001-38609 | 36-4904146 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| | |
| 3040 Post Oak Boulevard, 15th Floor Houston, Texas 77056 (Address of Principal Executive Offices, and Zip Code) | |
| | |
| (832) 844-1015 (Registrant’s Telephone Number, Including Area Code) | |
| | |
| (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:
| | | | | |
☐ | 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: |
| | | | | | | | | | | | | | |
| | Trading | | Name of each exchange |
Title of each class | | symbol(s) | | on which registered |
Common Stock, $0.01 Par Value | | KLXE | | The Nasdaq Global Select Market |
_____________________
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 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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 7.01 Regulation FD Disclosure.
On February 28, 2025, KLX Energy Services Holdings, Inc. (the “Company”) issued a notice of conditional redemption, with respect to its 11.500% Senior Secured Notes due 2025 (the “Notes”). The Company gave holders of the Notes notice that on March 30, 2025 (the “Redemption Date”), subject to the Company’s entry into a debt financing transaction prior to the Redemption Date that yields net proceeds sufficient to pay the redemption price on all of the Notes outstanding on such date, the Company will redeem all of the outstanding Notes at a redemption price of 100.000% of the principal amount thereof, plus accrued and unpaid interest.
This Current Report on Form 8-K does not constitute a notice of redemption with respect to the Notes. The information furnished in this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| | | | | | | | |
| KLX Energy Services Holdings, Inc. |
| | |
| By: | /s/ Max L. Bouthillette |
| Name: | Max L. Bouthillette |
| Title: | Executive Vice President, General Counsel and Chief Compliance Officer |
| Date: | February 28, 2025 |
v3.25.0.1
Cover Page
|
Feb. 28, 2025 |
Cover [Abstract] |
|
Document Type |
8-K
|
Document Period End Date |
Feb. 28, 2025
|
Entity Registrant Name |
KLX ENERGY SERVICES HOLDINGS, INC.
|
Entity Incorporation, State or Country Code |
DE
|
Entity File Number |
001-38609
|
Entity Tax Identification Number |
36-4904146
|
Entity Address, Address Line One |
3040 Post Oak Boulevard
|
Entity Address, Address Line Two |
15th Floor
|
Entity Address, City or Town |
Houston
|
Entity Address, State or Province |
TX
|
Entity Address, Postal Zip Code |
77056
|
City Area Code |
832
|
Local Phone Number |
844-1015
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Title of 12(b) Security |
Common Stock, $0.01 Par Value
|
Trading Symbol |
KLXE
|
Security Exchange Name |
NASDAQ
|
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