# HELIX ENERGY SOLUTIONS GROUP INC (HLX) — capital_raise/public_offering [announced]
Source: SEC API (secapi.ai) · situation sit_600f3f970137833dc060 · retrieved 2026-08-14T01:27:40.091Z

## Overview
Helix Energy Solutions Group, Inc. is an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention, robotics and decommissioning operations.

On May 1, 2026, Helix Energy Solutions Group, Inc. completed the sale of all equity interests of Helix Alliance to C-Dive, L.L.C. for cash consideration of $107.5 million, subject to customary post-closing and working capital adjustments. As of June 30, 2026, the estimated sale price was $104.2 million, net of $3.3 million of cash retained by Helix Alliance at closing. Helix Alliance comprised the company's former Shallow Water Abandonment reportable segment and represented a strategic shift away from the shallow-water decommissioning market in the Gulf of America shelf, with a renewed focus on deepwater operations.

## Terms
- Counterparty: C-Dive, L.L.C. · Deal value: $107.5M · Consideration: cash

## Key dates
- Announced 2026-08-11

## Timeline
- 2026-08-11 · 8-K (0000866829-26-000024): 8-K - HELIX ENERGY SOLUTIONS GROUP INC — *Helix Energy Solutions Group, Inc. is an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention, robotics and decommissioning operations.* On May 1, 2026, Helix Energy Solutions Group, Inc. completed the sale of all equity interests of Helix Alliance to C-Dive, L.L.C. for cash consideration of $107.5 million, subject to customary post-closing and working capital adjustments. As of June 30, 2026, the estimated sale price was $104.2 million, net of $3.3 million of cash retained by Helix Alliance at closing. Helix Alliance comprised the company's former Shallow Water Abandonment reportable segment and represented a strategic shift away from the shallow-water decommissioning market in the Gulf of America shelf, with a renewed focus on deepwater operations.
  https://www.sec.gov/Archives/edgar/data/866829/0000866829-26-000024.txt

## Citations
- 0000866829-26-000024 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000086682926000024