Business Context and Reporting Period
Company: Western Alliance Bancorporation
Filing Type: Form 8-K (Current Report)
Date: October 30, 2015
Event: Filing of a prospectus supplement to an effective shelf registration statement (Form S-3) regarding the issuance and sale of up to $85,768,896.63 of common stock through Credit Suisse Securities (USA) LLC.
Financial Metrics
This filing is a procedural report regarding a securities offering and does not contain financial performance data. The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
No material changes to financial performance or operations are reported in this document. The primary change is the authorization to sell up to approximately $85.8 million in common stock under the existing shelf registration.
Guidance, Outlook, and Risks
Management Commentary: The filing states it is being submitted solely to include the legal opinion of DLA Piper LLP (US) regarding the validity of the shares of common stock set forth in the Prospectus Supplement.
Risks and Contingencies: No specific risks or contingencies are detailed in this text beyond the standard nature of a securities offering.
Key Facts for Investor Verification
- The company filed a prospectus supplement on October 30, 2015, to sell up to $85,768,896.63 of common stock.
- The offering is being conducted through Credit Suisse Securities (USA) LLC.
- The filing includes a legal opinion from DLA Piper LLP (US) on the validity of the shares (Exhibit 5.1).
- This document does not contain quarterly or annual financial results.