secwatch.observer — SEC 8-K summary
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Issuer:     SPIRE INC (SR)
CIK:        0001126956
Form:       8-K
Filed at:   2024-03-08T23:59:59+00:00
Accession:  0001437749-24-007176
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Spire settles corporate unit conversion, issues 2.75M shares for $175M
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- Corporate unit conversion triggered by average VWAP of $58.68 (below $64.24 threshold), resulting in 0.7845 shares per $50 unit.
- Holders purchased 2,745,750 common shares for $175M cash; settlement occurred March 5, 2024.
- Proceeds will repay short-term borrowings and fund general corporate purposes.
- Shares issued under Section 4(a)(2) exemption from registration; no public offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126956/000143774924007176/0001437749-24-007176-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126956/000143774924007176/spre20240307_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-007176

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