---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-052321"
form_type: "8-K"
ticker: "AZZ"
cik: "0000008947"
company_name: "AZZ INC"
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T07:04:48.832772+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AZZ Inc. prices 4M share public offering at $70/share; to redeem all Series A preferred for $309M

## Summary
- Gross proceeds of $280M from 4,000,000 shares at $70.00 per share; underwriters have 30-day option for additional 600,000 shares.
- Offering expected to close April 30, 2024; net proceeds to redeem all 240,000 shares of 6.00% Series A Convertible Preferred Stock.
- Series A Preferred Stock redeemed on May 9, 2024 for aggregate price of $308,920,000 in cash.
- Evercore and Jefferies are joint lead book-runners; Baird, Wells Fargo, and Wolfe|Nomura Alliance as additional book-runners.

## SEC filing metadata
- accession: 0001104659-24-052321
- form_type: 8-K
- ticker: AZZ
- cik: 0000008947
- company_name: AZZ INC
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8947/000110465924052321/0001104659-24-052321-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8947/000110465924052321/tm2412717d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-052321
- JSON: https://secwatch.observer/filing/0001104659-24-052321.json
- Plain text: https://secwatch.observer/filing/0001104659-24-052321.txt

## Key facts
- Material Agreements
  AZZ INC entered into Underwriting Agreement with Evercore Group L.L.C. and Jefferies LLC as representatives of the several underwriters valued at $67.20 per share (effective 2024-04-25).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Evercore Group L.L.C. and Jefferies LLC as representatives of the several underwriters
  - Value: $67.20 per share
  - Effective: 2024-04-25
  source text: On April 25, 2024, AZZ Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Evercore Group L.L.C. (“Evercore”) and Jefferies LLC (“Jefferies”) as representatives of the several underwriters named in Schedule A thereto (the “Underwriters”), pursuant to which the Company agreed to issue and sell to the Underwriters an aggregate of 4,000,000 shares of common stock, par value $1.00 per share, of the Company (“Common Stock”), in an underwritten public offering at a purchase price of $67.20 per share (the “Purchase Price”), which reflects a price to the public of $70.00 per share less $2.80 per share (the “Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/8947/000110465924052321/0001104659-24-052321-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.