Alcoa Corp Files 8-K for Other Event

TL;DR

Alcoa filed an 8-K for an 'Other Event' - details TBD.

AI Summary

On July 8, 2024, Alcoa Corporation filed an 8-K report to disclose an "Other Event." The filing does not contain specific details regarding the nature of this event, dollar amounts, or other parties involved, but it signifies a material update from the company.

Why It Matters

This filing indicates Alcoa Corporation has a material event to report, requiring disclosure to investors and the public.

Risk Assessment

Risk Level: medium — The lack of specific details in the 8-K filing creates uncertainty about the nature and impact of the 'Other Event'.

Key Players & Entities

• Alcoa Corporation (company) — Registrant
• July 8, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.01 — ch registered Common stock, par value $0.01 per share AA New York Stock Exchang
• $12.5 million — ment expenses. (3) Includes estimated $12.5 million of annual corporate costs for Alumina L
• $1,821 million — as provided by Alcoa's management, was $1,821 million for Alcoa and $326 million for Alumina
• $326 million — ement, was $1,821 million for Alcoa and $326 million for Alumina Limited. Based on the for
• $29.85 — g share prices of Alcoa common stock of $29.85 on March 8, 2024, the trading day immed
• $0.81 — are prices of Alumina Limited Shares of $0.81 on March 8, 2024, the trading day immed
• $0.85 b — ed Share of the Scheme Consideration of $0.85 based on the exchange ratio of 0.02854 an

Filing Documents

• dp214237_8k.htm (8-K) — 86KB
• 0000950103-24-009727.txt ( ) — 267KB
• aa-20240708.xsd (EX-101.SCH) — 3KB
• aa-20240708_lab.xml (EX-101.LAB) — 33KB
• aa-20240708_pre.xml (EX-101.PRE) — 22KB
• dp214237_8k_htm.xml (XML) — 4KB

01

Item 8.01 Other Events. As previously disclosed, on March 11, 2024 (Eastern Daylight Time) / March 12, 2024 (Australian Eastern Daylight Time), Alcoa Corporation, a Delaware corporation (" Alcoa ") entered into a Scheme Implementation Deed, as amended and restated by the Deed of Amendment and Restatement, dated as of May 20, 2024 (the " Agreement "), with AAC Investments Australia 2 Pty Ltd, an Australian proprietary company limited by shares and an indirect wholly owned subsidiary of Alcoa (" Alcoa Bidder "), and Alumina Limited, an Australian public company limited by shares and listed on the Australian Securities Exchange (" Alumina Limited "), pursuant to which, subject to the satisfaction or waiver of the conditions set forth therein, Alcoa Bidder will acquire all Alumina Limited ordinary shares on issue and outstanding (the " Alumina Shares ") pursuant to a court-approved scheme of arrangement under Part 5.1 of Australia's Corporations Act 2001 (Cth) (the " Scheme " and such acquisition, the " Transaction "). In connection with the Transaction, Alcoa filed with the United States Securities and Exchange Commission (the " SEC ") a preliminary proxy statement on May 20, 2024 (the " Preliminary Proxy Litigation Related to the Transaction Following the filing of the Preliminary Proxy Statement and the Definitive Proxy Statement, Alcoa received certain Demand Letters and Complaints (each as defined below). While Alcoa believes that the disclosures set forth in the Preliminary Proxy Statement and Definitive Proxy Statement comply fully with all applicable law and denies the allegations in the Complaints and the Demand Letters, in order to moot the purported stockholders' disclosure claims, avoid nuisance and possible expense and business delays, and provide additional information to its stockholders, Alcoa has determined to voluntarily supplement certain disclosu

SIGNATURES

SIGNATURES 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. Date: July 8, 2024 ALCOA CORPORATION By: /s/ Marissa P. Earnest Name: Marissa P. Earnest Title: Senior Vice President, Chief Governance Counsel and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR