Centrus Energy Corp. Files 8-K: Material Agreement
Ticker: LEU · Form: 8-K · Filed: May 28, 2024 · CIK: 1065059
| Field | Detail |
|---|---|
| Company | Centrus Energy CORP (LEU) |
| Form Type | 8-K |
| Filed Date | May 28, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, sec-filing, corporate-update
Related Tickers: LEU
TL;DR
Centrus Energy (LEU) filed an 8-K on 5/28, looks like a material agreement is in play.
AI Summary
Centrus Energy Corp. entered into a material definitive agreement on May 28, 2024, related to financial statements and exhibits. The company, formerly known as USEC Inc., is incorporated in Delaware and headquartered in Bethesda, MD.
Why It Matters
This filing indicates a significant contractual development for Centrus Energy Corp., potentially impacting its financial standing and operational agreements.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or alter existing ones for a company, requiring careful review.
Key Numbers
- 001-14287 — SEC File Number (Identifies the company's filing with the SEC)
- 52-2107911 — IRS Employer Identification No. (Company's tax identification number)
Key Players & Entities
- Centrus Energy Corp. (company) — Registrant
- USEC Inc. (company) — Former company name
- May 28, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Bethesda, MD (location) — Business address
FAQ
What is the nature of the material definitive agreement filed on May 28, 2024?
The filing indicates an 'Entry into a Material Definitive Agreement' and 'Material Modifications to Rights of Security Holders' as items of disclosure, along with 'Financial Statements and Exhibits'.
What was Centrus Energy Corp.'s former name?
Centrus Energy Corp. was formerly known as USEC Inc.
In which state is Centrus Energy Corp. incorporated?
Centrus Energy Corp. is incorporated in Delaware.
What is the business address of Centrus Energy Corp.?
The business address is 6901 Rockledge Drive, Suite 800, Bethesda, MD 20817.
What is the SEC file number for Centrus Energy Corp.?
The SEC file number is 001-14287.
Filing Stats: 796 words · 3 min read · ~3 pages · Grade level 11.1 · Accepted 2024-05-28 17:10:35
Key Financial Figures
- $0.10 — stered Class A Common Stock, par value $0.10 per share LEU NYSE American Indicate
Filing Documents
- leu-20240528.htm (8-K) — 30KB
- exhibit416thamendmenttor.htm (EX-4.1) — 10KB
- exhibit416thamendmenttor001.jpg (GRAPHIC) — 216KB
- exhibit416thamendmenttor002.jpg (GRAPHIC) — 315KB
- exhibit416thamendmenttor003.jpg (GRAPHIC) — 33KB
- exhibit416thamendmenttor004.jpg (GRAPHIC) — 56KB
- 0001065059-24-000033.txt ( ) — 1050KB
- leu-20240528.xsd (EX-101.SCH) — 2KB
- leu-20240528_def.xml (EX-101.DEF) — 15KB
- leu-20240528_lab.xml (EX-101.LAB) — 26KB
- leu-20240528_pre.xml (EX-101.PRE) — 15KB
- leu-20240528_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement On May 28, 2024, Centrus Energy Corp. (the "Company") entered into a Sixth Amendment to the Section 382 Rights Agreement (the "Sixth Amendment"), which amends the Section 382 Rights Agreement, dated as of April 6, 2016 (the "Rights Agreement"), by and among the Company and Computershare Trust Company, N.A. and Computershare Inc., as rights agent, as previously amended by (i) the First Amendment to the Section 382 Rights Agreement dated as of February 14, 2017 (the "First Amendment"), (ii) the Second Amendment to the Section 382 Rights Agreement dated as of April 3, 2019 (the "Second Amendment"), (iii) the Third Amendment to the Section 382 Rights Agreement dated as of April 13, 2020 (the "Third Amendment"), (iv) the Fourth Amendment to the Section 382 Rights Agreement dated as of June 16, 2021 (the "Fourth Amendment") and (v) the Fifth Amendment to the Section 382 Rights Agreement dated as of June 20, 2023 (the "Fifth Amendment"). The Sixth Amendment was approved by the Board of Directors of the Company on May 28, 2024. The Sixth Amendment makes clarifying changes relating to the definition of "Beneficial Owner", "beneficially owned" and "Beneficial Ownership" contained in the Rights Agreement. The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Rights Agreement, which was filed with the Securities and Exchange Commission in a Current Report on Form 8-K on April 7, 2016, the First Amendment, which was filed with the Securities and Exchange Commission in a Current Report on Form 8-K on January 5, 2017, the Second Amendment, which was filed with the Securities and Exchange Commission in a Current Report on Form 8-K on April 4, 2019, the Third Amendment, which was filed with the Securities and Exchange Commission in a Current Report on Form 8-K on April 14, 2020, the Fourth Amendment, which was filed with the Securities and Exchange Com
03 Material Modification to Rights of Security Holders
Item 3.03 Material Modification to Rights of Security Holders The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated into this Item 3.03 by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 4.1 Sixth Amendment to the Section 382 Rights Agreement, dated as of May 28, 2024, by and among Centrus Energy Corp., Computershare Trust Company N.A. and Computershare Inc. 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 thereunto duly authorized. Centrus Energy Corp. Date: May 28, 2024 By: /s/ Kevin J. Harrill Kevin J. Harrill Senior Vice President, Chief Financial Officer, and Treasurer