MRC Global Inc. announced on March 3, 2025, that it expects to file its 2024 Form 10-K with the Securities and Exchange Commission on or before March 18, 2025. The company filed a Form 12b-25 (Notification of Late Filing) to accommodate this extended date.
The company previously delayed its financial results release to allow additional time for year-end audit procedures related to inventory counts. MRC Global has now completed all required physical inventory counts and is finalizing the analysis to incorporate these results into its financial statements.
Based on the work completed to date, the company does not expect a material net inventory adjustment related to 2024 results or a restatement of prior periods. This update aims to reassure investors regarding the integrity of its financial reporting, despite the delay in filing.
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