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Forum Energy Technologies, Inc. – ‘8-K’ for 11/29/22

On:  Wednesday, 11/30/22, at 9:58am ET   ·   For:  11/29/22   ·   Accession #:  1401257-22-74   ·   File #:  1-35504

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  As Of               Filer                 Filing    For·On·As Docs:Size

11/30/22  Forum Energy Technologies, Inc.   8-K:7,8,9  11/29/22   11:189K

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     37K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML      9K 
 6: R1          Cover Page                                          HTML     47K 
 9: XML         IDEA XML File -- Filing Summary                      XML     11K 
 7: XML         XBRL Instance -- fet-20221129_htm                    XML     22K 
 8: EXCEL       IDEA Workbook of Financial Reports                  XLSX      8K 
 4: EX-101.LAB  XBRL Labels -- fet-20221129_lab                      XML     70K 
 5: EX-101.PRE  XBRL Presentations -- fet-20221129_pre               XML     34K 
 3: EX-101.SCH  XBRL Schema -- fet-20221129                          XSD     10K 
10: JSON        XBRL Instance as JSON Data -- MetaLinks               12±    17K 
11: ZIP         XBRL Zipped Folder -- 0001401257-22-000074-xbrl      Zip     18K 


‘8-K’   —   Current Report


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 iX:   C:  C: 
  fet-20221129  
 i 0001401257 i false00014012572022-11-292022-11-29

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM  i 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):  i November 29, 2022
 i FORUM ENERGY TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
 i Delaware
 i 61-1488595
(State or other jurisdiction of
incorporation or organization)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
 i 10344 Sam Houston Park Drive  i Suite 300 i Houston i TX i 77064
                                           (Address of Principal Executive Offices)(Zip Code)
(Address of principal executive offices and zip code)
 i 281 i 949-2500
Registrant's telephone number, including area code

(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:
 i     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 i     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 i     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 i     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol
Name of each exchange on which registered
 i Common Stock, par value $0.01 per share
 i FET
 i NYSE
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  i 
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. o




Item 8.01. Other Events.
On November 29, 2022, a subsidiary of Forum Energy Technologies, Inc. (the “Company”) consummated the sale of four manufacturing and distribution centers located in Texas and Louisiana. In connection with the sale, the subsidiary entered into a long-term lease agreement with the buyer on an absolute triple net lease basis. The subsidiary is responsible for all costs and expenses related to the operation, use, occupancy and management of the leased premises. Such lease obligations of the subsidiary are guaranteed by the Company. The net proceeds to the Company from the transaction totaled approximately $32 million.
Item 7.01. Regulation FD Disclosure.
On November 29, 2022, the Company issued a press release announcing the closing of the sale and leaseback transaction disclosed in Item 8.01. A copy of the release is furnished herewith as Exhibit 99.1 and incorporated herein by reference.
The information contained in this Current Report shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into a filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.Exhibit Title or Description
 
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.




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.
FORUM ENERGY TECHNOLOGIES, INC.

Executive Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary







Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
Filed on:11/30/22None on these Dates
For Period end:11/29/22
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