On April 15, 2021, SEACOR Holdings Inc. and American Industrial Partners and its affiliate Safari Merger Subsidiary, Inc. announced that Safari Merger has successfully completed its tender offer for the outstanding shares of common stock of the Company and accepted for payment all shares validly tendered and not withdrawn as of the expiration time of the tender offer. The Company stated that 70.4% of outstanding shares were tendered into the offer and all of the shares tendered have been accepted for payment by Safari Merger.