Business Context and Reporting Period
This Form 8-K was filed by Ecolab Inc. on May 18, 2020. The report serves as a Regulation FD disclosure furnishing unaudited combined interim financial statements and management discussion for ChampionX Holding Inc. (ChampionX) on a carve-out basis. The financial data covers the first quarter ended March 31, 2020.
Key Financial Metrics
The filing text provided does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within Exhibit 99.1 (Unaudited Combined Interim Financial Statements), which is incorporated by reference but not detailed in the cover page text.
Material Changes
No material changes or comparative financial data are disclosed in the text of this Form 8-K. The document acts solely as a vehicle to disclose the existence of the ChampionX financial statements for the quarter ended March 31, 2020.
Guidance, Outlook, and Risks
The filing does not provide specific guidance, outlook, or risk commentary in the main text. It notes that the financial statements and management discussion are incorporated by reference into ChampionX's registration statements on Forms S-4 and S-1 (File No. 333-236380) and Apergy Corporation's registration statement on Form S-4 (File No. 333-236379).
Investor Verification Checklist
- Review Exhibit 99.1 for the actual unaudited financial statements and MD&A of ChampionX for Q1 2020.
- Verify the incorporation of these statements into the referenced S-4 and S-1 registration statements (File Nos. 333-236380 and 333-236379).
- Confirm that the exhibits are furnished and not deemed "filed" under the Securities Exchange Act of 1934, as noted in Item 9.01.