Civeo CORP Schedule 13D activist filings

Engine Capital and its affiliates have disclosed a series of share sales in Civeo Corp, reducing their aggregate beneficial ownership to 6.3%.

Engine Capital and its affiliates have reduced their beneficial ownership in Civeo Corp to 7.9% through recent sales of common stock.

Engine Capital and Civeo Corp have entered a Cooperation Agreement, leading to the appointment of two Engine Capital nominees to Civeo's Board of Directors.

Engine Capital and its affiliated entities have increased their beneficial ownership in Civeo Corp to 9.9% and are actively engaging with the company to advocate for the appointment of a new independent director to its Board.

Activist investor Engine Capital, holding a 9.8% stake in Civeo Corp, has sent a letter to the Board of Directors demanding a drastic shift in capital allocation, including dividend elimination and a large share repurchase tender, alongside a review of strategic alternatives to address significant undervaluation.

Engine Capital and its affiliated entities have significantly increased their beneficial ownership in Civeo Corp, now collectively holding 9.4% of the outstanding common shares.

Engine Capital and its affiliates have disclosed a 7.7% beneficial ownership stake in Civeo Corp, acquired for investment purposes, and may seek to engage with management on strategic and operational improvements.

M Partners Fund LP and its affiliates have reduced their beneficial ownership in Civeo Corp. to 4.93% through open market and privately negotiated sales, triggering an amended Schedule 13D filing.

M Partners Fund LP, M Partners Fund (GP) LLC, and Ali John Mirshekari have disclosed a 7.70% beneficial ownership stake in Civeo Corporation, acquired for investment purposes.