---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-102097"
form_type: "8-K"
ticker: "HE"
cik: "0000354707"
company_name: "HAWAIIAN ELECTRIC INDUSTRIES INC"
filed_at: "2024-09-23T23:59:59+00:00"
generated_at: "2026-05-31T02:36:16.783046+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HEI announces $500M common stock offering; proceeds for Maui wildfire settlement

## Summary
- HEI intends to offer $500M of common stock, with underwriter option to purchase up to an additional $75M.
- Net proceeds will fund HEI's contribution to the expected Maui wildfire tort litigation settlement and for general corporate purposes.
- Joint lead book-running managers: Wells Fargo Securities, Barclays Capital; Guggenheim Securities as book-running manager.
- Offering made via prospectus supplement under effective S-3ASR registration statement filed with SEC.

## SEC filing metadata
- accession: 0001104659-24-102097
- form_type: 8-K
- ticker: HE
- cik: 0000354707
- company_name: HAWAIIAN ELECTRIC INDUSTRIES INC
- filed_at: 2024-09-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354707/000110465924102097/0001104659-24-102097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46207/000110465924102097/tm2424533d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-102097
- JSON: https://secwatch.observer/filing/0001104659-24-102097.json
- Plain text: https://secwatch.observer/filing/0001104659-24-102097.txt

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