secwatch.observer — SEC 8-K summary
======================================

Issuer:     Hess Midstream LP (HESM)
CIK:        0001789832
Form:       8-K
Filed at:   2023-08-17T23:59:59+00:00
Accession:  0001193125-23-215088
Event type: other
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hess Midstream LP secondary offering of 10M Class A shares at $28.80 by GIP affiliate
--------------------------------------------------------------------------------

- Selling shareholder (affiliate of Global Infrastructure Partners) sells 10,000,000 Class A shares at $28.80 each.
- Gross proceeds of $288M; net proceeds to selling shareholder ~$285.9M after underwriting discounts.
- Underwriter Goldman Sachs granted 30-day option to purchase up to 1.5M additional shares.
- Hess Midstream LP receives no proceeds from the offering.
- Offering closed August 17, 2023, pursuant to an effective shelf registration statement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789832/000119312523215088/0001193125-23-215088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789832/000119312523215088/d514051d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-215088

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