FLOTEK INDUSTRIES INC - 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by FLOTEK INDUSTRIES INC on August 31, 2005, regarding events occurring on August 25, 2005. The Company is incorporated in Delaware and is based in Houston, Texas.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The report focuses exclusively on a capital raising event.
Material Changes
On August 25, 2005, the Company completed a private offering of common stock to institutional investors. This transaction represents a material change in the Company's capital structure.
Guidance, Outlook, and Risks
The filing does not contain management commentary, financial guidance, or specific risk factors. It references a news release (Exhibit 99.1) for further details on the offering, which is incorporated by reference but not included in the provided text.
Key Facts for Investor Verification
- Completion date of the private offering: August 25, 2005.
- Target investors: Institutional investors.
- Security type: Common stock.
- Verification required: Review Exhibit 99.1 (News Release) for the total number of shares issued, price per share, and total gross proceeds.