8-KThe WireRoutine
Company Update
Filed May 11, 2022 · 4y ago · Accession 0001104659-22-058840
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13
or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): May 11, 2022
EVERSOURCE ENERGY
(Exact name of registrant as specified
in its charter)
Massachusetts
001-05324
04-2147929
(State or other jurisdiction
of organization)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
300
Cadwell Drive
Springfield ,
Massachusetts
01104
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number,
including area code: ( 800 ) 286-5000
Not Applicable
(Former name or former address, if changed
since last report.)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of
the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Shares, $5.00 par value per share
ES
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange
Act of 1934 ( 17 CFR §240.12b-2).
Emerging growth
company ¨
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 8.01 Other Events
On May 11, 2022, Eversource Energy entered into
an Equity Distribution Agreement (the “Agreement”) with Goldman Sachs & Co. LLC, Barclays Capital Inc., Citigroup Global
Markets Inc., Wells Fargo Securities, LLC, Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC (each a “Manager” and,
collectively, the “Managers”). Under the terms of the Agreement, Eversource Energy may issue and sell through or to the Managers,
as sales agents and/or principals, Eversource Energy’s common shares, $5.00 par value, having an aggregate offering price of up
to $1,200,000,000 (the “Shares”), from time to time during the term of the Agreement.
The
offering is being made pursuant to Eversource Energy’s effective registration statement on Form S-3ASR (Registration No. 333-
264278). Eversource Energy filed a prospectus supplement in connection with this offer and sale of Shares on May 11, 2022. A legal opinion
related to the Shares to be to be issued pursuant to the Agreement in the offering is filed herewith as Exhibit 5.1.
The foregoing description of the Agreement does
not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, which is filed as an exhibit
hereto and is incorporated herein by reference.
On May 11, 2022, Eversource Energy issued a press
release announcing the commencement of the offering. A copy of this press release is attached as Exhibit 99.1 hereto and is incorporated
herein by reference.
This Current Report on Form 8-K does not constitute
an offer to sell or a solicitation of an offer to buy the securities described herein, and there shall not be any sale of these securities
in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under
the securities laws of any such jurisdiction. The sale of securities is being made only by means of a prospectus and related prospectus
supplement.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibit
Number
Description
1.1
Equity Distribution Agreement dated as of May 11, 2022
5.1
Opinion of Assistant General Counsel of Eversource Energy Service Company and Assistant Secretary of Eversource Energy
23.1
Consent of Assistant General Counsel of Eversource Energy Service Company and Assistant Secretary of Eversource Energy (included in Exhibit 5.1)
99.1
Launch Press Release of Eversource Energy dated May 11, 2022
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
EVERSOURCE ENERGY
(Registrant)
May 11, 2022
By:
/s/ Emilie G. O’Neil
Emilie G. O’Neil
Assistant Treasurer
Filing details
- Company
- EVERSOURCE ENERGY
- Ticker
- ES
- CIK
- 72741
- Form type
- 8-K
- Filing date
- May 11, 2022
- Report date
- May 11, 2022
- Document
- tm2215026d2_8k.htm
- Size
- 567 KB