{"schema_version":"secwatch.filing_event.v1","accession":"0000088205-21-000036","form_type":"8-K","ticker":"SPXC","cik":"0000088205","company_name":"SPX Technologies, Inc.","filed_at":"2021-10-07T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.970665+00:00","generated_at":"2026-06-28T22:25:18.673056+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SPX Corp completes sale of Transformer Solutions unit for $645M cash","bullets":["Sold SPX Transformer Solutions to GE-Prolec Transformers on Oct 1, 2021 for $645M cash, subject to working capital adjustments.","Pro forma FY2020 continuing ops revenue $1.13B (vs. $1.56B historical); net income from cont ops $57.9M (vs. $100.7M).","Pro forma cash and equivalents as of July 3, 2021 were $686M, up from $69.1M historical, reflecting net proceeds.","General corporate overhead of $4.7M (FY2020) previously allocated to Transformer Solutions remains in continuing operations.","The sale was previously announced on June 8, 2021; transaction closed on October 1, 2021."],"urls":{"canonical":"https://secwatch.observer/filing/0000088205-21-000036","json":"https://secwatch.observer/filing/0000088205-21-000036.json","markdown":"https://secwatch.observer/filing/0000088205-21-000036.md","text":"https://secwatch.observer/filing/0000088205-21-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/88205/000008820521000036/0000088205-21-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/88205/000008820521000036/spxc-20211001.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T22:25:18.673056+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}