SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
December 18, 2020
Date of Report (Date of earliest event reported)
(Exact name of registrant as specified in its charter)
|Delaware|| ||001-38441|| ||82-3066826|
|(State or other jurisdiction|
| ||(Commission File Number)|| ||(I.R.S. Employer Identification No.)|
2445 Technology Forest Blvd
Building 4, 12th Floor
The Woodlands, TX 77381
(Address of principal executive offices and zip code)
(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:
|☐||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|☐||Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|☐||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|☐||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(s)||Name of each exchange on which registered|
|Common stock, $0.01 par value||CHX||New York Stock Exchange|
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 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On December 18, 2020, ChampionX Corporation (the "Company"), acting pursuant to authorization from its Board of Directors, determined to voluntarily withdraw the principal listing of the Company's common stock, par value $0.01 per share (the "Common Stock"), from the New York Stock Exchange ("NYSE") and transfer the listing to The Nasdaq Global Select Market ("Nasdaq"). The Company expects to voluntarily delist its Common Stock on the NYSE effective as of the close of trading on December 31, 2020, and that trading will commence on Nasdaq at market open January 4, 2021.
Item 7.01 Regulation FD Disclosure.
The Company issued the press release attached hereto as Exhibit 99.1 in connection with the transfer of the principal listing of the Common Stock to Nasdaq.
The information included in this Current Report under Item 7.01, including Exhibit 99.1, is deemed to be "furnished" and shall not be "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, and is not incorporated by reference into any filing under the Securities Act or the Exchange Act.
Item 9.01 Financial Statements and Exhibits.
The Company hereby files the following exhibits:
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.
| ||Apergy Corporation|
|Date: December 21, 2020|| ||By:||/s/ JULIA WRIGHT|
| ||Julia Wright|
| ||Senior Vice President, General Counsel and Secretary|
ChampionX Corporation to Transfer Stock Exchange Listing to Nasdaq
Ticker symbol will remain “CHX”
THE WOODLANDS, Texas (December 21, 2020) -- ChampionX Corporation (NYSE: CHX) (the “Company” or “ChampionX”) today announced that it will voluntarily transfer its stock exchange listing to the Nasdaq Global Select Market from the New York Stock Exchange, effective December 31, 2020 after market close. ChampionX common stock is expected to begin trading as a Nasdaq-listed security on January 4, 2021. The Company will retain its current ticker symbol “CHX”.
“Nasdaq is home to many of the world’s most forward-thinking companies, and our stock exchange move aligns Nasdaq’s technology and ESG leadership with our focus on delivering technology with impact to help our customers sustainably unlock energy. The transition to Nasdaq provides us with greater cost-effectiveness and access to a suite of tools and services that will help us further improve the lives of our customers, employees, shareholders and communities,” commented Sivasankaran “Soma” Somasundaram, the Company’s President and Chief Executive Officer.
“ChampionX is a forward-thinking energy company. They share our belief that ESG and sustainability are critical to the long-term success of companies,” said Nasdaq Vice President J.R. Mastroianni. “We are thrilled to welcome them to the Nasdaq family of the world’s most innovative companies as they continue to improve lives through their commitment to deliver globally sustainable operations.”
ChampionX (formerly known as Apergy Corporation) is a global leader in chemistry solutions and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely and efficiently around the world. ChampionX’s products provide efficient functioning throughout the lifecycle of a well with a focus on the production phase of wells.
To learn more about ChampionX, visit www.championX.com.
Investor Contact: Byron Pope
Media Contact: John Breed