secwatch.observer — SEC 8-K summary
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Issuer:     AZZ INC (AZZ)
CIK:        0000008947
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0000008947-24-000068
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AZZ closes $322M common stock offering; proceeds to redeem preferred shares
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- Closed public offering of 4,600,000 shares at $70.00 per share, including full exercise of underwriters' option for 600,000 additional shares.
- Gross proceeds of $322 million before underwriting discounts and expenses.
- Net proceeds to be used to redeem all or part of its 6.0% Series A Convertible Preferred Stock.
- Evercore ISI and Jefferies acted as joint lead book-running managers; Baird, Wells Fargo Securities, and Wolfe | Nomura Alliance as additional book-runners.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8947/000000894724000068/0000008947-24-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8947/000000894724000068/azz-20240430.htm
  HTML page:      https://secwatch.observer/filing/0000008947-24-000068

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