secwatch.observer — SEC 8-K summary
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Issuer:     SPIRE INC (SR)
CIK:        0001126956
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001193125-26-168301
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spire sells Mississippi gas utility to Delta Utilities for $75M; expects close in fiscal Q1 2027
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- Spire Mississippi serves ~18,000 customers with 745 miles of pipelines in south-central MS.
- Sale price of $75M cash represents 1.4x 2025 rate base.
- Proceeds to fund infrastructure investments in Spire's AL, MO, and TN regulated gas utilities.
- Transaction subject to Mississippi Public Service Commission approval; closing targeted by fiscal Q1 2027.
- Employees supporting Spire Mississippi expected to transition to Delta Utilities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126956/000119312526168301/0001193125-26-168301-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126956/000119312526168301/sr-20260421.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-168301

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