{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-271513","form_type":"8-K","ticker":"PCG","cik":"0001004980","company_name":"PG&E Corp","filed_at":"2024-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.316861+00:00","generated_at":"2026-05-29T06:56:19.270553+00:00","sec_items":["1.01","3.03","5.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"PG&E raises $1.61B through 6% Series A mandatory convertible preferred stock offering","bullets":["Issued 28M shares of 6.000% Series A Mandatory Convertible Preferred Stock at $50 liquidation preference; overallotment option for 4.2M shares fully exercised.","Dividends cumulative at 6% annually, payable quarterly starting March 1, 2025; may be paid in cash, common stock, or combination.","Each share automatically converts into 1.9465–2.4331 shares of common stock around Dec 1, 2027, based on VWAP.","Closing date December 5, 2024; filed certificate of determination with California Secretary of State."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-271513","json":"https://secwatch.observer/filing/0001193125-24-271513.json","markdown":"https://secwatch.observer/filing/0001193125-24-271513.md","text":"https://secwatch.observer/filing/0001193125-24-271513.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1004980/000119312524271513/0001193125-24-271513-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/75488/000119312524271513/d917505d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T06:56:19.270553+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"}