Business Context and Reporting Period
Company: SPIRE INC
Filing Type: Form 8-K (Current Report)
Date of Report: May 17, 2016
Event: Issuance and sale of common stock pursuant to an Underwriting Agreement with Morgan Stanley & Co. LLC.
Key Financial Metrics
This filing reports a specific capital raising event rather than periodic financial performance. The filing text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
- Shares Issued: 2,185,000 shares of Common Stock
- Public Offering Price: $63.05 per share
- Underwriter: Morgan Stanley & Co. LLC
- Registration Statement: Form S-3 (No. 333-190388)
Material Changes
The material change reported is the increase in outstanding common stock resulting from the public offering on May 17, 2016. No comparative financial data or changes in operating metrics versus prior periods are provided in this document.
Guidance, Outlook, and Risks
The filing does not contain management commentary, forward-looking guidance, or specific risk factors related to future operations. It strictly documents the execution of the underwriting agreement and incorporates the terms of that agreement by reference.
Investor Verification Checklist
- Verify the total gross proceeds calculated from the 2,185,000 shares sold at $63.05 per share.
- Review the attached Underwriting Agreement (Exhibit 1.1) for underwriting discounts, commissions, and lock-up provisions.
- Confirm the impact of this issuance on total outstanding shares and potential dilution to existing shareholders.
- Check the effective status of the referenced Form S-3 Registration Statement (No. 333-190388).