{"schema_version":"secwatch.filing_event.v1","accession":"0000915913-24-000078","form_type":"8-K","ticker":"ALB","cik":"0000915913","company_name":"ALBEMARLE CORP","filed_at":"2024-03-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.277097+00:00","generated_at":"2026-06-05T01:02:01.537328+00:00","sec_items":["1.01","3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Albemarle upsizes and prices $2.0B depositary shares offering at $50/share; net $1.94B for lithium capex","bullets":["40M depositary shares priced at $50 each; underwriters' option for 6M additional exercised; net proceeds ~$1.94B.","Proceeds for lithium expansion in Australia and China and commercial paper repayment.","7.25% cumulative dividend on $1,000 liquidation pref ($50/depositary); quarterly starting June 1, 2024.","Mandatory conversion Mar 1, 2027 into 0.3809-0.4570 common shares per depositary share."],"urls":{"canonical":"https://secwatch.observer/filing/0000915913-24-000078","json":"https://secwatch.observer/filing/0000915913-24-000078.json","markdown":"https://secwatch.observer/filing/0000915913-24-000078.md","text":"https://secwatch.observer/filing/0000915913-24-000078.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/915913/000091591324000078/0000915913-24-000078-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/915913/000091591324000078/alb-20240305.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T01:02:01.537328+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":[{"claim_id":"ee88b29e786170e65b3f4399401f4982047d163a","claim":"ALBEMARLE CORP: Filed Articles of Amendment to establish preferences, limitations and relative rights of Mandatory Convertible Preferred Stock (effective 2024-03-08).","evidence_excerpt":"On March 7, 2024, the Company filed the Articles of Amendment with the SCC to establish the preferences, limitations and relative rights of the Mandatory Convertible Preferred Stock. The Articles of Amendment became effective upon the issuance of a Certificate of Amendment by the SCC to the Company on March 8, 2024.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/915913/000091591324000078/0000915913-24-000078-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-03-08"}],"fact_type":"governance_change"},{"claim_id":"48b9bf41aa971292bbb82af81d1219b41a96e74b","claim":"ALBEMARLE CORP entered into Underwriting Agreement with J.P. Morgan Securities LLC, as representative of the several underwriters (effective 2024-03-05).","evidence_excerpt":"On March 5, 2024, Albemarle Corporation (the “Company”) entered into an underwriting agreement (the “ Underwriting Agreement ”) with J.P. Morgan Securities LLC, as representative of the several underwriters named in Schedule 1 thereto","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/915913/000091591324000078/0000915913-24-000078-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"J.P. Morgan Securities LLC, as representative of the several underwriters"},{"label":"Effective","value":"2024-03-05"}],"fact_type":"material_agreement"},{"claim_id":"c16724bd5922e4fecf7982278a042a266aa0d1bb","claim":"ALBEMARLE CORP entered into Articles of Amendment.","evidence_excerpt":"the Company filed articles of amendment (the “ Articles of Amendment ”) to the Company’s Amended and Restated Articles of Incorporation with the State Corporation Commission of the Commonwealth of Virginia","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/915913/000091591324000078/0000915913-24-000078-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"}],"fact_type":"material_agreement"},{"claim_id":"c77c9b9f6a04f3d62db4b8dc58d95515a8c0a62e","claim":"ALBEMARLE CORP entered into Deposit Agreement with Equiniti Trust Company, LLC (effective 2024-03-08).","evidence_excerpt":"the Company entered into a deposit agreement (the “ Deposit Agreement ”), dated March 8, 2024, by and among the Company, Equiniti Trust Company, LLC, as depositary","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/915913/000091591324000078/0000915913-24-000078-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Equiniti Trust Company, LLC"},{"label":"Effective","value":"2024-03-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}