ONE Gas amends forward sale agreement; to issue 1.03M shares by Dec 29, 2023

ONE Gas, Inc.

Amended forward sale agreement with Bank of America; settlement date extended to Dec 31, 2024.
Expects to issue 743,000 shares under BofA forward sale and 289,403 under Mizuho forward before Dec 29, 2023.
Total shares to be issued: 1,032,403; reflects ongoing equity financing program.
The amendment updates representations and warranties; no other changes to original terms.

item 1.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ONE Gas, Inc. amended Amendment with Bank of America, N.A. (effective 2023-12-28).

Action: amendment
Agreement: equity purchase
Counterparty: Bank of America, N.A.
Effective: 2023-12-28

Exact text from the filing

On December 28, 2023, ONE Gas, Inc. (the “ Company ”) entered into an amendment (the “ Amendment ”) to the forward sale agreement (the “ Forward Sale Agreement ”), dated as of March 8, 2023, between the Company and Bank of America, N.A. (the “ Forward Purchaser ”), to provide for a December 31, 2024 settlement date (or such earlier time as may be selected by the Company, subject to the terms of the Forward Sale Agreement) for all shares of the Company’s common stock, par value $0.01 per share (the “ common stock ”) thereunder.

View on SEC.gov

120 material agreements filed in the last 30 days. Browse all material agreements →

ONE Gas, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-305160

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.