secwatch.observer — SEC 8-K summary
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Issuer:     SPX Technologies, Inc. (SPXC)
CIK:        0000088205
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0001140361-25-031186
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SPX Technologies raises ~$500M in underwritten public offering of 2.66M shares at $188/share
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- Underwriting agreement signed Aug 12, 2025; offering closed Aug 14, 2025.
- Gross proceeds approximately $500M from sale of 2,659,575 shares at $188 per share.
- Underwriters granted 30-day option to purchase up to 398,936 additional shares.
- No explicit use of proceeds stated in the filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88205/000114036125031186/0001140361-25-031186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88205/000114036125031186/ny20052979x3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-031186

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer