AI brief of an SEC Form 8-K · Innovex International (INVX)

Innovex to sell Eldridge campus for $95.0 million; Q1 revenue seen below guidance

Mixed Impact 4 of 5 m&a Written later

Innovex International agreed on April 21, 2025 to sell its Eldridge facility in Houston to BIG Acquisitions LLC for $95.0 million, subject to adjustments, with a short-term lease back to the company and closing expected in the third quarter of 2025. In a same-day update, the company said first-quarter 2025 revenue is expected to be about $240 million, below its previous guidance of $245 million to $255 million, while Adjusted EBITDA is expected to be $44 million to $46 million.

Key points

  • Eldridge facility sale price is $95.0 million, subject to adjustments; closing expected in Q3 2025
  • Short-term lease back from the buyer runs to December 31, 2025, with one six-month extension option and gross rent of $650,000 per month
  • Preliminary Q1 2025 revenue of about $240 million vs. prior guidance of $245 million to $255 million; Adjusted EBITDA $44 million to $46 million
  • Q1 2025 earnings release set for May 6, 2025; conference call on May 7, 2025

The filing

CompanyInnovex International (INVX)
Form8-K, current report
Filed with the SECApr 25, 2025, 4:32 PM ET
Accession number0000950170-25-058782

Items reported: 1.01 Material Definitive Agreement2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:55 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 25, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.