Business Context and Reporting Period
This Form 8-K Current Report, filed on December 5, 2024, by NPK International Inc. (formerly Newpark Resources, Inc.), announces a corporate name change. The amendment to the Second Restated Certificate of Incorporation was filed on December 5, 2024, and became effective at 12:01 a.m. Eastern Time on December 9, 2024.
Key Financial Metrics
This filing does not contain financial performance data. There are no reported figures for revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
- Corporate Name: Changed from Newpark Resources, Inc. to NPK International Inc.
- Stock Ticker: Effective December 19, 2024, the Common Stock will cease trading under the symbol "NR" and begin trading under the new symbol "NPKI" on the New York Stock Exchange.
- Bylaws: The Board approved Amended and Restated Bylaws to reflect the new corporate name.
- Stockholder Rights: The name change does not affect voting rights, par value ($0.01), or the validity of existing stock certificates.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future performance. No material risks, contingencies, or unusual items are disclosed in this report. The document focuses solely on the administrative execution of the name change and the associated ticker symbol update.
Investor Verification Checklist
- Verify the new ticker symbol "NPKI" becomes active on the NYSE on December 19, 2024.
- Confirm that existing stock certificates remain valid despite the name change.
- Note that the CUSIP number for the Common Stock remains unchanged.
- Review the attached press release (Exhibit 99.1) for additional context on the strategic rationale for the name change.