{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-277173","form_type":"8-K","ticker":"NI","cik":"0001111711","company_name":"NISOURCE INC.","filed_at":"2023-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.257801+00:00","generated_at":"2026-06-08T03:11:19.477524+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NiSource starts final remarketing of 862,500 Series C convertible preferred shares; conversion on March 1, 2024","bullets":["Final remarketing of 862,500 Series C Mandatory Convertible Preferred Stock (liquidation preference $1,000/share) originally issued April 19, 2021 as part of equity units.","Automatic conversion into NiSource common stock on March 1, 2024 at a rate between 34.9528 and 41.0695 shares per preferred share, subject to anti-dilution adjustments.","If common stock closing price at remarketing pricing is ≤ $24.3490, minimum conversion rate increases to $1,000 divided by 117.5% of that closing price.","Remarketing agents: Goldman Sachs, J.P. Morgan, Wells Fargo; co-agents: BofA, PNC, Scotiabank. Proceeds used to satisfy purchase contract obligations and remit remaining to holders.","Dividends may become payable after successful remarketing; actual terms to be determined by NiSource and agents."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-277173","json":"https://secwatch.observer/filing/0001193125-23-277173.json","markdown":"https://secwatch.observer/filing/0001193125-23-277173.md","text":"https://secwatch.observer/filing/0001193125-23-277173.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1111711/000119312523277173/0001193125-23-277173-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1111711/000119312523277173/d298816d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T03:11:19.477524+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}