secwatch.observer — SEC 8-K summary
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Issuer:     HAWAIIAN ELECTRIC INDUSTRIES INC (HE)
CIK:        0000354707
Form:       8-K
Filed at:   2024-09-19T23:59:59+00:00
Accession:  0001104659-24-101175
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HEI enters into $250M at-the-market equity distribution agreement
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- Up to $250M of common stock may be sold through Wells Fargo, Barclays, and Guggenheim as agents.
- Commission paid to agents is up to 1.00% of gross sales proceeds.
- Company is not obligated to sell any shares; sales are at its sole discretion.
- Offering is an ATM program; agents will use commercially reasonable efforts to sell.
- Proceeds are for general corporate purposes; no specific use stated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354707/000110465924101175/0001104659-24-101175-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46207/000110465924101175/tm2422402d4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-101175

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