Mergers & Acquisitions ·
On September 1, 2026, NCS Multistage Holdings, Inc. completed its merger with Weatherford International plc pursuant…
NCSMNCS Multistage Holdings, Inc.
On September 1, 2026, NCS Multistage Holdings, Inc. completed its merger with Weatherford International plc pursuant to an Agreement and Plan of Merger dated May 31, 2026. The Company became a wholly owned subsidiary of Weatherford, and its common stock was delisted from the Nasdaq Capital Market under the symbol NCSM. Shareholders received consideration consisting of either 0.5537 Weatherford ordinary shares or mixed consideration comprising cash equivalent to $13.41 per share (based on 0.1371 Ordinary Shares at a closing price of $97.77) plus 0.2392 Ordinary Shares. Approximately 55% of eligible shareholders elected the Mixed Consideration, subject to proration where 99.2% received the mixed package and 0.8% received shares only. The Company terminated its Credit Agreement and paid off all outstanding obligations in full upon closing. NCS Multistage Holdings operates in the oilfield services industry, providing hydraulic fracturing stimulation technologies.