secwatch.observer — SEC 8-K summary
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Issuer:     LSB INDUSTRIES, INC. (LXU)
CIK:        0000060714
Form:       8-K
Filed at:   2022-08-15T23:59:59+00:00
Accession:  0001193125-22-221198
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LSB Industries enters into underwriting agreement for 13.5M share offering and $67.7M share repurchase
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- LSB Industries agreed to purchase 5,500,000 shares from underwriters at $12.3175 per share for $67,746,250.
- Selling stockholders LSB Funding and SBT Investors sold 13,500,000 shares in underwritten offering with 30-day option for additional 1,200,000 shares.
- Board representation rights were transferred from LSB Funding to SBT Investors under a letter agreement dated August 10, 2022.
- Company will fund repurchase with cash on hand; ~$17 million remains available under existing repurchase program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60714/000119312522221198/0001193125-22-221198-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60714/000119312522221198/d15256d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-221198

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