secwatch.observer — SEC 8-K summary
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Issuer:     Hess Midstream LP (HESM)
CIK:        0001789832
Form:       8-K
Filed at:   2021-10-08T23:59:59+00:00
Accession:  0001193125-21-295488
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hess Midstream secondary offering of 7.5M Class A shares at $26.00 by selling shareholders
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- Selling shareholders (Hess Corp affiliate and GIP affiliate) sold 7.5M Class A shares, upsized from 6M.
- Offering priced at $26.00/share; gross proceeds ~$195M; net proceeds ~$216.6M after underwriting discounts.
- Underwriters have 30-day option to buy up to 1.125M additional shares; option exercised in full.
- Company receives no proceeds; all shares sold by existing holders.
- Offering closed October 8, 2021; J.P. Morgan and Citi acted as joint bookrunners.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789832/000119312521295488/0001193125-21-295488-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789832/000119312521295488/d159917d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-295488

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