secwatch.observer — SEC 8-K summary
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Issuer:     LSB INDUSTRIES, INC. (LXU)
CIK:        0000060714
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001193125-22-282574
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LSB Industries executes secondary offering of 14.35M shares and $45.5M share repurchase from underwriters
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- Secondary offering of 14,350,000 common shares (plus 1,627,500 option shares) by selling stockholder LSB Funding LLC at $12.99375/share.
- Underwriters exercised option to purchase all optional shares; total shares sold by selling stockholder: 15,977,500.
- Company repurchased 3,500,000 shares from underwriters for $45,478,125 using cash on hand.
- After repurchase, approximately $29.5 million remains authorized under existing share repurchase program.
- Offering closed on November 10, 2022; registration statement effective since March 28, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60714/000119312522282574/0001193125-22-282574-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60714/000119312522282574/d399812d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-282574

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