Item 2.01 Completion of Acquisition or Disposition of Assets

On January 12, 2021, Seabulk Overseas Transport, Inc. (the "Seller"), a wholly-owned subsidiary of SEACOR Marine Holdings Inc. (the "Company"), completed the sale of the Company's Windcat Workboats crew transfer vessel ("CTV") business through the sale of 100% of the equity of Windcat Workboats Holdings Limited, a wholly-owned subsidiary of the Seller ("Windcat" and together with its subsidiaries, the "Windcat Group"), to CMB N.V. (the "Buyer") pursuant to a Sale and Purchase Agreement entered into on December 18, 2020 (the "Sale"). At closing, the Buyer paid to the Seller an aggregate purchase price of £32.8 million. After deducting transaction costs and expenses and giving effect to foreign exchange rate hedges, the Company received net cash proceeds of approximately US$42.6 million. The Buyer also assumed all of the approximately £20.4 million of debt outstanding under Windcat's existing revolving credit facility. As of the closing date, the Windcat Group owned a total of 41 CTVs and held interests in an additional five CTVs through its joint ventures, all of which were included in the Sale.

The unaudited pro forma financial information of the Company giving effect to the Sale, and the related notes thereto, are attached hereto as Exhibit 99.1.

Item 7.01 Regulation FD Disclosure

On January 15, 2021, the Company issued a press release announcing the closing of the Sale. The press release is attached hereto as Exhibit 99.2 and is incorporated in this Item 7.01 by reference.

Item 9.01 Financial Statements and Exhibits

(b)Pro forma financial information

Unaudited pro forma financial information of the Company required pursuant to Article 11 of Regulation S-X is attached hereto as Exhibit 99.1 and is incorporated by reference herein.



(d) Exhibits.



Exhibit No. Description



99.1          Unaudited pro forma consolidated statements of income (loss) of
            SEACOR Marine Holdings Inc. for the nine months ended September 30,
            2020 and the years ended December 31, 2019, December 31, 2018 and
            December 31, 2017 and unaudited pro forma consolidated balance sheet
            of SEACOR Marine Holdings Inc. as of September 30, 2020.

99.2          Press Release of SEACOR Marine Holdings Inc. dated January 15,
            2021.

104         Cover Page Interactive Data File (embedded within the Inline XBRL
            document).

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses