secwatch.observer — SEC 8-K summary
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Issuer:     Kennedy-Wilson Holdings, Inc. (KW)
CIK:        0001408100
Form:       8-K
Filed at:   2023-06-16T23:59:59+00:00
Accession:  0001408100-23-000095
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.03, 1.01, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kennedy-Wilson closes $200M private placement of Series C preferred and warrants
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- Gross proceeds $200M from 200,000 shares of 6.00% Series C Preferred Stock and 12,338,062 warrants to buy common stock.
- Series C pays 6.00% cumulative cash dividends; liquidation preference $1,000 per share; ranks junior to Series A/B preferred, senior to common.
- Warrants may be exercised with cash or by extinguishing Series C shares at $1,000 per share plus accrued dividends.
- Transaction closed June 16, 2023 under Securities Purchase Agreement dated June 4, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408100/000140810023000095/0001408100-23-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408100/000140810023000095/kw-20230615.htm
  HTML page:      https://secwatch.observer/filing/0001408100-23-000095

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