SCHEDULE: Advent International Files Joint Statement for NCS Multistage

Advent International entities have filed an amended Schedule 13G, confirming joint filing for their holdings in NCS Multistage, Inc. with zero shares beneficially owned.

Summary

• This filing is an amendment to a Schedule 13G, indicating a joint filing agreement among Advent International, L.P., Advent International GP, LLC, and Advent-NCS Acquisition Limited Partnership.
• The filing pertains to the Common Stock of NCS Multistage Holdings, Inc.
• As of September 1, 2026, the reporting persons collectively report 0.00 shares beneficially owned, representing 0.00% of the class.
• This amendment serves to update or confirm the joint filing status for these entities concerning their holdings in NCS Multistage.

Sentiment

Score: 2

Explanation: StockSavvy.ai views this as a neutral filing, primarily administrative, with no new financial or operational information provided.

Positives

• Confirmation of joint filing agreement among Advent entities, indicating coordinated reporting.
• Clear declaration of zero beneficial ownership, simplifying the reporting landscape for these entities.

Negatives

• No new financial performance data or operational updates are provided in this filing.
• The filing indicates a complete divestment or lack of current beneficial ownership by the reporting entities.

Risks

• The absence of any beneficial ownership could imply a significant shift in strategic investment or control for NCS Multistage Holdings, Inc. by these entities.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding NCS Multistage Holdings, Inc.

Management Comments

• Neil Crawford, Senior Director, Fund Administration for Advent International GP, LLC, signed on behalf of Advent International, L.P., Advent International GP, LLC, and Advent-NCS Acquisition Limited Partnership.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are typically made by institutional investors who beneficially own more than 5% of a class of a company's registered equity securities. An amendment indicating zero ownership suggests a significant change, such as a complete sale of holdings or a shift in reporting strategy.

Stakeholder Impact

• Shareholders of NCS Multistage Holdings, Inc. may be impacted by the lack of significant beneficial ownership from Advent International entities, potentially signaling a reduced institutional interest or a completed exit.

Next Steps

• No specific next steps are outlined in this administrative filing.

Key Dates

Keywords

Schedule 13G, Joint Filing, Advent International, NCS Multistage Holdings, Beneficial Ownership, Securities Exchange Act