Weatherford and NCS Multistage Announce Anticipated Election Deadline and Closing Date
HOUSTON, Aug. 24, 2026 (GLOBE NEWSWIRE) — Weatherford International plc (NASDAQ: WFRD) (“Weatherford”) and NCS Multistage Holdings, Inc. (NASDAQ: NCSM) (“NCS Multistage”) today announced that 5:00 P.M., Eastern Time on August 31, 2026 is the anticipated deadline for NCS Multistage stockholders to elect the form of merger consideration that they would be entitled to receive […]
Weatherford International plc and NCS Multistage Holdings, Inc. have set a deadline for NCS Multistage stockholders to elect their form of merger consideration on August 31 at 5:00 P.M. Eastern Time. Stockholders can choose to receive either 0.554 Weatherford ordinary shares or a combination of 0.239 Weatherford ordinary shares and a cash amount equal to 0.137 Weatherford ordinary shares.
The transaction, approved by the boards of directors of both companies and the controlling stockholder of NCS Multistage, is expected to close on September 1. Until the transaction closes, both companies will continue to operate independently.
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