Business Context and Reporting Period
Company: Cactus, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: March 18, 2019
Reporting Period: Single event date (March 18, 2019)
Business Context: The Company is a Delaware corporation and an emerging growth company. This filing announces the commencement of an underwritten public offering of Class A common stock by certain selling stockholders.
Key Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The document serves solely to disclose a corporate event regarding a secondary offering.
Material Changes
Secondary Offering: On March 18, 2019, Cactus, Inc. 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) regarding the offering but does not provide specific management commentary on future operations or financial guidance within the text of the 8-K.
Legal Status: The information furnished in this report is not deemed "filed" under Section 18 of the Exchange Act and is not subject to the liabilities of that section, nor is it incorporated by reference into other filings except as expressly set forth.
Investor Verification Checklist
- Verify the specific number of shares and the identity of the selling stockholders in the accompanying Press Release (Exhibit 99.1).
- Confirm the underwriting agreement terms and the expected proceeds to the selling stockholders.
- Review the prospectus supplement for details on the offering price and market conditions.
- Check for any dilution impact on existing shareholders, noting that the Company is not receiving proceeds from this specific transaction.