---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-259566"
form_type: "8-K"
ticker: "NI"
cik: "0001111711"
company_name: "NISOURCE INC."
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T18:05:37.779538+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# NiSource sets Nov 13-17 remarketing for up to 862,500 Series C Mandatory Convertible Preferred shares

## Summary
- Final remarketing period for Series C Mandatory Convertible Preferred Stock set for Nov 13-17, 2023.
- Company intends to remarket up to 862,500 shares of Series C Mandatory Convertible Preferred Stock.
- On March 1, 2024, each share automatically converts into 34.9107 to 41.0201 shares of NiSource common stock.
- If common stock closing price on pricing date ≤ $24.3783, minimum conversion rate increases.
- Dividends may become payable after successful remarketing; company will not receive proceeds.

## SEC filing metadata
- accession: 0001193125-23-259566
- form_type: 8-K
- ticker: NI
- cik: 0001111711
- company_name: NISOURCE INC.
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1111711/000119312523259566/0001193125-23-259566-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1111711/000119312523259566/d559337d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-259566
- JSON: https://secwatch.observer/filing/0001193125-23-259566.json
- Plain text: https://secwatch.observer/filing/0001193125-23-259566.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.