13 Nov 2014director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 88,418 shares on the open market at $3.87.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
12 Nov 2014debt financing▲ Good
A $20 million secured revolving facility from Wells Fargo against North American receivables and equipment, undrawn at signing - working-capital headroom on top of the $150 million of notes.
7 Nov 2014quarterly activities report▼ Bad
SAExploration Holdings, Inc. reported a quarterly net loss of $23.4 million for the period ended 2014-09-30.
26 Aug 2014auditor change● Neutral
Grant Thornton was dismissed as auditor after a competitive tender - no disagreements disclosed, and its opinions on 2012 and 2013 had been clean.
21 Aug 2014director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 77,484 shares on the open market.
19 Aug 2014director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 16,934 shares on the open market at $8.61.
12 Aug 2014quarterly activities report▼ Bad
SAExploration Holdings, Inc. reported a quarterly net loss of $146 thousand for the period ended 2014-06-30.
8 Aug 2014quarterly activities report▼ Bad
SAExploration Holdings, Inc. reported a quarterly net loss of $146 thousand for the period ended 2014-06-30.
28 July 2014director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 17,230 shares on the open market at $8.30.
24 July 2014director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 56,720 shares on the open market.
9 July 2014director officer appointment● NeutralMajor
The company refinanced wholesale, issuing $150 million of 10% senior secured notes due 2019 backed by liens on nearly everything it owned, and using the proceeds to repay and terminate the 2012 credit agreement. The lenders' representative on the board resigned as his facility disappeared. This is the debt that would define the next six years.
7 July 2014director interest notice● Neutral
Arnold Wong became a SAExploration Holdings, Inc. company insider (initial ownership filing).
25 June 2014director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 20,000 shares on the open market at $8.40.
13 June 2014director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 24,231 shares on the open market at $7.99.
10 June 2014director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 17,123 shares on the open market at $8.03.
6 June 2014director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 21,654 shares on the open market.
30 May 2014director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 16,992 shares on the open market at $8.20.
21 May 2014substantial 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 7,589,709 shares (51.00% of votes) in a periodic institutional filing.
20 May 2014director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 11,100 shares on the open market at $8.30.
16 May 2014director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 51,525 shares on the open market.
12 May 2014director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 33,941 shares on the open market at $8.88.
9 May 2014quarterly activities report● Neutral
SAExploration Holdings, Inc. reported a quarterly net income of $698 thousand for the period ended 2014-03-31.
9 May 2014quarterly activities report● Neutral
SAExploration Holdings, Inc. reported a quarterly net income of $698 thousand for the period ended 2014-03-31.
14 Apr 2014director interest notice● Neutral
SAExploration Holdings, Inc. 10%+ owner John P Pecora bought 52,844 shares on the open market.
14 Apr 2014director interest notice● Neutral
John P Pecora became a SAExploration Holdings, Inc. 10%+ owner and company insider (initial ownership filing).
8 Apr 2014quarterly activities report● Neutral
SAExploration Holdings, Inc. reported a quarterly net income of $698 thousand for the period ended 2014-03-31.
1 Apr 2014late filing notice▼ Bad
SAExploration Holdings, Inc. notified the SEC that its annual report would be filed late.
1 Apr 2014quarterly activities report● Neutral
SAExploration Holdings, Inc. reported a quarterly net income of $698 thousand for the period ended 2014-03-31.
1 Apr 2014quarterly activities report● Neutral
SAExploration Holdings, Inc. reported a quarterly net income of $698 thousand for the period ended 2014-03-31.
21 Mar 2014financial restatement▼ BadMajor
A second restatement, this time of the second and third quarters of 2013, over share-based pay recorded by the predecessor business and some misclassifications. Three quarters of the company's first year as a public entity had now been withdrawn.