Cal Dive International Inc. filed with the Securities and Exchange Commission a resale shelf registration statement registering all 61,506,691 shares of its common stock that are owned by Helix Energy Solutions Group Inc.
Helix exercised its right to require that Cal Dive file the registration statement pursuant to an agreement entered into at the time of Cal Dive's initial public offering in December 2006. Helix may sell the shares from time to time using a variety of methods and at varying prices. Cal Dive will not receive any proceeds from any sale of common stock by Helix.
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