Current Report Filing (8-k)
June 22 2021 - 4:50PM
Edgar (US Regulatory)
0001109189
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0001109189
2021-06-22
2021-06-22
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
June 22, 2021
Basic Energy Services, Inc.
(Exact name of registrant as specified in its charter)
Delaware
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1-32693
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54-2091194
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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801 Cherry Street, Suite 2100
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76102
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Forth Worth, TX
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(Zip Code)
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(Address of principal executive offices)
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(817) 334-4100
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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¨
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of
the Act:
Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common stock, $0.01 par value per share*
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BASX*
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The OTCQX Best Market*
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* Until December 2, 2019, Basic Energy Services,
Inc.’s common stock traded on the New York Stock Exchange under the symbol “BAS”. On December 3, 2019, Basic Energy
Service, Inc.’s common stock began trading on the OTCQX® Best Market tier of the OTC Markets Group Inc. Deregistration under
Section 12(b) of the Act became effective on March 16, 2020.
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ¨
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 1.01 Entry into a Material Definitive
Agreement.
Fourth Supplemental Indenture
On June 22, 2021, Basic
Energy Services, Inc. (the “Company”) entered into a Fourth Supplemental Indenture to the indenture, dated as of October 2,
2018 (as supplemented by the First Supplemental Indenture dated as of August 22, 2019, the Second Supplemental Indenture dated as of April
1, 2020, and the Third Supplemental Indenture dated as of May 3, 2021, the “Indenture”), by and among the Company, the guarantors
under the Indenture and the Trustee and Collateral Agent (the “Fourth Supplemental Indenture”). The Fourth Supplemental Indenture
was entered into in connection with previously announced asset sales by certain subsidiaries of the Company and the release of liens by
the Collateral Agent on such assets. The Fourth Supplemental Indenture also permits certain incremental super priority indebtedness; however,
no such indebtedness is contemplated at this time.
The foregoing description
of the Fourth Supplemental Indenture does not purport to be complete and is qualified in its entirety by reference to the full text of
the Fourth Supplemental Indenture, a copy of which is filed herewith as Exhibit 4.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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BASIC ENERGY SERVICES, INC.
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By:
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/s/ Adam L. Hurley
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Date: June 22, 2021
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Adam L. Hurley
(Executive Vice President, Chief Financial Officer, Treasurer and Secretary)
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