INDEPENDENCE CONTRACT DRILLING, INC. Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K/A) -…

Item 2.02 Results of Operations and Financial Condition

On May 5, 2022, ICD issued a press release reporting its results of theCompany's operations for the quarter ended March 31, 2022. On May 16, 2022, ICDissued a press release announcing corrections to the earnings press release andcorrected unaudited financial results for the quarterly period ended March 31,2022. The correction relates to non-cash entries recorded to finalize thevaluation and accounting presentation of embedded features associated with theCompany's Convertible Senior Secured PIK Toggle Notes due 2026 and conformsreporting and presentation in the press release to the results and presentationas reported in the Company's Quarterly Report on Form 10-Q for the three monthsended March 31, 2022. A copy of the press release is being furnished asExhibit 99.1 hereto and is incorporated herein by reference.

The information furnished pursuant to Item 2.02, including Exhibit 99.1, shallnot be deemed "filed" for purposes of Section 18 of the Securities Exchange Actof 1934, as amended (the "Exchange Act"), is not subject to the liabilities ofthat section and is not deemed incorporated by reference in any filing of theCompany under the Exchange Act or the Securities Act of 1933, as amended, unlessspecifically identified therein as being incorporated therein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

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INDEPENDENCE CONTRACT DRILLING, INC. Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K/A) -...