1 Feb 2018director interest notice● Neutral
SAExploration Holdings, Inc. Sr. VP Mike Scott exercised stock options for 28,686 shares and disposed of 35,777 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
1 Feb 2018director interest notice● Neutral
SAExploration Holdings, Inc. CFO, Gen. Counsel, Secretary Brent Whiteley exercised stock options for 59,580 shares and disposed of 72,958 shares.
1 Feb 2018director interest notice● Neutral
SAExploration Holdings, Inc. VP - Marine Darin Silvernagle exercised stock options for 13,239 shares and disposed of 16,643 shares.
18 Jan 2018material agreement▲ Good
The Alaska joint venture with Kuukpik Corporation, formed in 2012 to do North Slope seismic work, was extended to the end of 2020 - the operating relationship that made the company's Alaskan business possible.
4 Jan 2018substantial holder notice● Neutral
Whitebox Advisors LLC, Whitebox General Partner LLC, Whitebox Multi-Strategy Partners, LP, Whitebox Credit Partners, LP reported a SAExploration Holdings, Inc. shareholding of 2,609,039 shares (27.70% of votes) in a periodic institutional filing.
26 Dec 2017debt financing● Neutral
The working-capital facility was raised from $16 million to $20 million and new lenders joined it, days after the second restructuring was agreed.
20 Dec 2017material agreement● NeutralMajor
Eighteen months after the last restructuring, holders of more than 85% of the second-lien notes agreed to another one - this time exchanging the notes entirely for common stock, convertible preferred and warrants. The debt was to be converted rather than refinanced.
9 Nov 2017quarterly activities report▼ Bad
SAExploration Holdings, Inc. reported a quarterly net loss of $13.7 million for the period ended 2017-09-30.
8 Nov 2017quarterly activities report▼ Bad
SAExploration Holdings, Inc. reported a quarterly net loss of $13.7 million for the period ended 2017-09-30.
26 Sept 2017material agreement● Neutral
Wells Fargo was replaced as the working-capital lender by a group agented by Cantor Fitzgerald, on a slightly smaller $16 million facility. A mainstream bank had stepped away and a distressed-debt house had stepped in.
14 Sept 2017material agreement▼ BadMajor
The 2016 term loan was pushed out to January 2020 for consenting lenders, but at a price: the interest rate stepped up from 10.5% to 11.5% and beyond. Buying time was getting more expensive each round.
22 Aug 2017quarterly activities report▼ Bad
SAExploration Holdings, Inc. reported a quarterly net loss of $18.1 million for the period ended 2017-06-30.
21 Aug 2017quarterly activities report▼ Bad
SAExploration Holdings, Inc. reported a quarterly net loss of $18.1 million for the period ended 2017-06-30.
15 Aug 2017late filing notice▼ Bad
SAExploration Holdings, Inc. notified the SEC that its quarterly report would be filed late.
1 Aug 2017director interest notice● Neutral
SAExploration Holdings, Inc. Chairman and CEO Jeff Hastings exercised stock options for 29,418 shares and disposed of 119,620 shares.
1 Aug 2017director interest notice● Neutral
SAExploration Holdings, Inc. Sr. VP Mike Scott exercised stock options for 11,248 shares and disposed of 16,648 shares.
1 Aug 2017director interest notice● Neutral
SAExploration Holdings, Inc. CFO, Gen. Counsel, Secretary Brent Whiteley exercised stock options for 23,361 shares and disposed of 29,751 shares.
1 Aug 2017director interest notice● Neutral
SAExploration Holdings, Inc. Chief Operating Officer Brian A Beatty exercised stock options for 29,418 shares and disposed of 43,539 shares.
1 Aug 2017director interest notice● Neutral
SAExploration Holdings, Inc. VP - Marine Darin Silvernagle exercised stock options for 5,192 shares and disposed of 7,685 shares.
1 Aug 2017director interest notice● Neutral
SAExploration Holdings, Inc. VP - Finance Ryan Abney exercised stock options for 5,192 shares and disposed of 6,566 shares.
27 July 2017director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner Wbox2015-7 LTD. disposed of 1,026,461 shares via option/appreciation-right settlement.
27 July 2017substantial holder notice● Neutral
Whitebox Advisors LLC, Whitebox General Partner LLC, Whitebox Multi-Strategy Partners, LP, Whitebox Credit Partners, LP, WBox reported a SAExploration Holdings, Inc. shareholding of 2,609,039 shares (27.90% of votes) in a periodic institutional filing.
5 May 2017quarterly activities report● Neutral
SAExploration Holdings, Inc. reported a quarterly net income of $6.6 million for the period ended 2017-03-31.
5 May 2017quarterly activities report● Neutral
SAExploration Holdings, Inc. reported a quarterly net income of $6.6 million for the period ended 2017-03-31.
8 Mar 2017substantial holder notice● Neutral
John P. Pecora disclosed a new substantial SAExploration Holdings, Inc. shareholding (6.67% of votes).
9 Feb 2017substantial holder notice● Neutral
Christopher M. Brown, Aristides Capital LLC, Aristides Fund QP, LP, Aristides Fund LP reported no remaining SAExploration Holdings, Inc. shareholding in its periodic institutional filing.
23 Jan 2017director interest notice● Neutral
Michael Faust became a SAExploration Holdings, Inc. director and company insider (initial ownership filing).
3 Jan 2017director interest notice● Neutral
SAExploration Holdings, Inc. COO Brian A Beatty sold 8,865 shares at $7.27.
27 Dec 2016director interest notice● Neutral
SAExploration Holdings, Inc. Chairman and CEO Jeff Hastings sold 33,812 shares at $8.04.
7 Dec 2016material agreement● Neutral
The non-executive director share plan was expanded from 2,962 shares to 400,000 - a restatement of the plan in post-consolidation terms after the 135-for-1 reverse split.