---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-039949"
form_type: "8-K"
ticker: "WKC"
cik: "0000789460"
company_name: "WORLD KINECT CORP"
filed_at: "2023-11-27T23:59:59+00:00"
generated_at: "2026-06-07T21:44:08.547491+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# World Kinect expects $50-55M charge from erroneous Finnish power bid

## Summary
- Erroneous bid submitted in Finnish power market on Nov 23, 2023; no outstanding positions remain.
- Total costs expected between $50M and $55M, charged in Q4 2023.
- Balance sheet remains strong with >$1.2B available liquidity as of Q3 2023.

## SEC filing metadata
- accession: 0001628280-23-039949
- form_type: 8-K
- ticker: WKC
- cik: 0000789460
- company_name: WORLD KINECT CORP
- filed_at: 2023-11-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789460/000162828023039949/0001628280-23-039949-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789460/000162828023039949/int-20231123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-039949
- JSON: https://secwatch.observer/filing/0001628280-23-039949.json
- Plain text: https://secwatch.observer/filing/0001628280-23-039949.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.