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.

NCS Multistage Holdings, Inc. announced that August 31, 2026 is the anticipated deadline for stockholders to elect their merger consideration in its pending acquisition by Weatherford International plc. Shareholders may choose between receiving 0.554 Weatherford ordinary shares or a combination of 0.239 shares and cash equivalent to 0.137 shares, subject to proration; default elections result in the non-prorated share consideration. The transaction is expected to close on or about September 1, 2026. NCS Multistage Holdings, Inc. operates in the oilfield services industry, providing engineered products and support services for well construction and completion.

NCS Multistage Holdings, Inc. reported second quarter 2026 results with total revenues of $38.4 million, a 5% year-over-year increase from $36.5 million. The company posted a net loss of $(4.6) million, or $(1.71) per diluted share, compared to net income of $0.9 million in the prior year period. Adjusted EBITDA decreased to $1.9 million from $2.2 million. As of June 30, 2026, NCS held $31.3 million in cash and $7.5 million in total debt. The company is a leading provider of highly engineered products and support services that facilitate the optimization of oil and natural gas well construction, well completions and field development strategies.