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

Issuer:     NISOURCE INC. (NI)
CIK:        0001111711
Form:       8-K
Filed at:   2023-12-01T23:59:59+00:00
Accession:  0001193125-23-286764
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NiSource sets settlement rate at 3.9295 shares per Corporate Unit; voluntarily delists units from NYSE
--------------------------------------------------------------------------------

- Each Series A Corporate Unit converts into 3.9295 shares of NiSource common stock, with cash for fractional shares.
- Settlement rate based on 40-day VWAP ending November 29, 2023; conversion effective December 1, 2023.
- Series C Mandatory Convertible Preferred Stock will be retired and cancelled upon conversion.
- NiSource voluntarily delists the Series A Corporate Units (ticker NIMC) from the NYSE effective December 1, 2023.
- Delisting does not affect listing of common stock (NI) or periodic reporting obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1111711/000119312523286764/0001193125-23-286764-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1111711/000119312523286764/d29965d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-286764

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