30 June 2016director interest notice● Neutral
SAExploration Holdings, Inc. director Eric Rosenfeld sold 736,834 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
29 June 2016director interest notice● Neutral
SAExploration Holdings, Inc. director Eric Rosenfeld sold 50,817 shares.
28 June 2016director interest notice● Neutral
SAExploration Holdings, Inc. director David Sgro sold 193,155 shares.
28 June 2016director interest notice● Neutral
SAExploration Holdings, Inc. director Gregory R Monahan sold 94,517 shares.
27 June 2016director interest notice● Neutral
SAExploration Holdings, Inc. director Eric Rosenfeld sold 155,221 shares.
23 June 2016director interest notice● Neutral
SAExploration Holdings, Inc. director Eric Rosenfeld sold 81,441 shares.
13 June 2016material agreement● NeutralMajor
Holders of two-thirds of the 2014 notes agreed a comprehensive balance-sheet restructuring: a new $30 million secured term loan they would fund themselves, plus an exchange offer that would swap their notes for new paper and stock. The 2014 refinancing had lasted two years.
16 May 2016quarterly activities report● Neutral
SAExploration Holdings, Inc. reported a quarterly net income of $14.2 million for the period ended 2016-03-31.
13 May 2016quarterly activities report● Neutral
SAExploration Holdings, Inc. reported a quarterly net income of $14.2 million for the period ended 2016-03-31.
22 Apr 2016listing compliance notice▼ BadMajor
A second NASDAQ notice ten weeks later, this time for a share price under $1 - two live deficiencies at once, with cure deadlines in August and October.
5 Feb 2016listing compliance notice▼ BadMajor
NASDAQ warned that the market value of the company's publicly held shares had fallen below $15 million, starting a six-month cure period. The oil-price collapse had reached the seismic contractors.
5 Nov 2015quarterly activities report▼ Bad
SAExploration Holdings, Inc. reported a quarterly net loss of $109 thousand for the period ended 2015-09-30.
5 Nov 2015quarterly activities report▼ Bad
SAExploration Holdings, Inc. reported a quarterly net loss of $109 thousand for the period ended 2015-09-30.
2 Sept 2015director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 29,087 shares on the open market.
27 Aug 2015capital raising announcement▼ BadMajor
The first sign that the 2014 notes were too heavy: Fidelity funds swapped $10 million of them for 2,366,307 shares. Retiring debt with stock at a low share price is cheaper than paying cash but tells you the cash was not there.
10 Aug 2015director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 15,000 shares on the open market at $3.40.
7 Aug 2015quarterly activities report● Neutral
SAExploration Holdings, Inc. reported a quarterly net income of $2.1 million for the period ended 2015-06-30.
7 Aug 2015quarterly activities report● Neutral
SAExploration Holdings, Inc. reported a quarterly net income of $2.1 million for the period ended 2015-06-30.
10 June 2015director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 12,608 shares on the open market.
19 May 2015securities registration● Neutral
SAExploration Holdings, Inc. filed the final prospectus for a registered offering.
15 May 2015business combination● Neutral
The company filed Amendment No. 1 to its 30 April 2015 registration for swapping the $150M of 10% senior secured notes due 2019 (issued 2 July 2014) for identical registered notes. The terms are substantially identical, the company receives no proceeds, and the lien remains junior to the asset-based credit facility. The expiry date is still blank in the text provided, so the offer has not yet been shown as open or completed. The extract is truncated, so any other changes in this amendment are not visible.
12 May 2015quarterly activities report● Neutral
SAExploration Holdings, Inc. reported a quarterly net income of $1.2 million for the period ended 2015-03-31.
11 May 2015quarterly activities report● Neutral
SAExploration Holdings, Inc. reported a quarterly net income of $1.2 million for the period ended 2015-03-31.
30 Apr 2015business combination● Neutral
The company registered an exchange of its $150M of 10% senior secured notes due 2019, issued 2 July 2014, for identical notes that can be freely traded; this satisfies the registration rights agreement from the original placement. The company receives no proceeds and the terms are substantially the same. The notes are guaranteed by its subsidiaries (SAExploration Sub, SAExploration, Inc., SAExploration Seismic Services (US) and NES), and their lien ranks behind the asset-based credit facility. The principal office is now shown as Houston, Texas, rather than Calgary.
22 Apr 2015substantial holder notice● Neutral
CLCH, LLC, Jeff Hastings, Seismic Management Holdings Inc, Seismic Management, LLP, Brian A. Beatty, Sheri L. Beatty, Brent Whiteley reported a SAExploration Holdings, Inc. shareholding of 75,933,277 shares (53.20% of votes) in a periodic institutional filing.
8 Apr 2015director interest notice● Neutral
Trisha Gerber became a SAExploration Holdings, Inc. Chief Accounting Officer and company insider (initial ownership filing).
26 Mar 2015director interest notice● Neutral
SAExploration Holdings, Inc. CEO and President Brian A Beatty bought 47,995 shares on the open market.
13 Feb 2015substantial holder notice● Neutral
GLG Market Neutral Fund, GLG Partners LP, GLG Partners Limited reported a SAExploration Holdings, Inc. shareholding of 435,000 shares (2.93% of votes) in a periodic institutional filing.
10 Feb 2015substantial holder notice● Neutral
Investment Counselors of Maryland, LLC disclosed a new substantial SAExploration Holdings, Inc. shareholding (4.90% of votes).
11 Dec 2014director interest notice● Neutral
SAExploration Holdings, Inc. CEO and President Brian A Beatty bought 133,200 shares on the open market.