secwatch.observer — SEC 8-K summary
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Issuer:     WELLS FARGO & COMPANY/MN (WFC)
CIK:        0000072971
Form:       8-K
Filed at:   2023-07-24T23:59:59+00:00
Accession:  0001193125-23-192252
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wells Fargo issues $1.725B of 7.625% Fixed Rate Reset Preferred Stock, Series EE
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- Sold 1,725,000 Depositary Shares, each representing a 1/25th interest in a share of Series EE Preferred Stock.
- Series EE has a $25,000 liquidation preference per share, 7.625% fixed rate reset, non-cumulative, perpetual.
- Certificate of Designation filed July 20, 2023; sale closed July 24, 2023 with Wells Fargo Securities as underwriter.
- Authorized 69,000 shares of Series EE Preferred Stock; proceeds of approximately $1.725 billion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72971/000119312523192252/0001193125-23-192252-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72971/000119312523192252/d504599d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-192252

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