SEC Filing Summary: American Water Works Company, Inc.
Business Context and Reporting Period
This Form 8-K was filed on May 27, 2008, by American Water Works Company, Inc. The report addresses the completion of the underwriters' partial exercise of their over-allotment option related to the Company's recent initial public offering (IPO).
Key Financial Metrics
The filing does not provide specific revenue, profit, cash flow, margin, debt, or liquidity figures. The transaction described involves the sale of shares by a selling stockholder, RWE Aqua Holdings GmbH, with proceeds going directly to RWE rather than the Company.
Material Changes
- Over-Allotment Exercise: Underwriters partially exercised their option to purchase an additional 5,173,300 shares of common stock.
- Total Shares Sold: Including the initial 58,000,000 shares, RWE Aqua Holdings GmbH sold a total of 63,173,300 shares.
- Closing Date: The closing for the over-allotment shares occurred on May 27, 2008.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or discussion of risks and contingencies beyond the specific event of the over-allotment closing. No unusual items were reported.
Investor Verification Points
- Confirm the total number of shares sold by RWE Aqua Holdings GmbH (63,173,300) and the impact on the Company's public float.
- Verify that proceeds from the offering were received by the selling stockholder (RWE) and not the Company.
- Review the attached press release (Exhibit 99.1) for details on the IPO pricing and underwriting terms.