Business Context and Reporting Period
Company: Cactus, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: March 8, 2021
Reporting Period: Single event date (March 8, 2021)
This filing serves as a Regulation FD disclosure regarding the commencement of an underwritten public offering of Class A common stock by certain selling stockholders of the Company.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report regarding a corporate event rather than a periodic financial statement.
Material Changes
- Secondary Offering: On March 8, 2021, the Company announced the start of an underwritten public offering of shares of its Class A common stock (par value $0.01 per share).
- Selling Stockholders: The shares being offered are held by certain selling stockholders, not the Company itself.
Guidance, Outlook, and Risks
Management Commentary: The filing incorporates a press release (Exhibit 99.1) detailing the offering but does not contain forward-looking guidance, outlook, or specific risk factors within the text of the 8-K itself.
Legal Status: The information furnished in this report, including the press release, is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not subject to the liabilities of that section, except as expressly incorporated by reference.
Investor Verification Checklist
- Verify the number of shares and the price per share in the underwritten public offering by reviewing the attached Press Release (Exhibit 99.1).
- Confirm the identity of the "certain selling stockholders" participating in the offering.
- Review the prospectus or prospectus supplement for details on the use of proceeds and underwriting terms.
- Check for any dilution impact on existing shareholders resulting from the secondary offering.