other material
confidence medium
sentiment neutral
materiality 0.20
LSB Industries amends Section 382 Rights Agreement to refine beneficial ownership definition
LSB INDUSTRIES, INC.
- Entered First Amendment to Amended and Restated Section 382 Rights Agreement on May 2, 2024.
- Amendment makes technical changes to definition of 'Beneficial Ownership'.
- Adopted to preserve value of net operating loss carry-forwards and other tax benefits.
- Not adopted in response to any acquisition effort to control the Company.