PG&E Corp. Files 8-K on Material Agreement
Ticker: PCG-PX · Form: 8-K · Filed: Dec 5, 2024 · CIK: 1004980
| Field | Detail |
|---|---|
| Company | Pg&E Corp (PCG-PX) |
| Form Type | 8-K |
| Filed Date | Dec 5, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $25, $50.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, corporate-governance
TL;DR
PG&E Corp. signed a big deal, filing an 8-K. Details TBD.
AI Summary
On December 5, 2024, PG&E Corp. filed an 8-K to report a material definitive agreement. The filing indicates changes related to security holder rights and amendments to its articles of incorporation or bylaws. Specific details of the agreement, modifications, or amendments were not elaborated upon in the provided text.
Why It Matters
This filing signals a significant contractual development for PG&E Corp. that could impact its operations or the rights of its stakeholders.
Risk Assessment
Risk Level: medium — Material definitive agreements and modifications to security holder rights can introduce new risks or alter existing ones for a company.
Key Players & Entities
- PG&E Corp. (company) — Filer
- PACIFIC GAS & ELECTRIC Co (company) — Related Entity
FAQ
What is the nature of the material definitive agreement filed by PG&E Corp.?
The provided text does not specify the details of the material definitive agreement, only that one has been entered into.
When was this 8-K filing submitted?
The 8-K filing was submitted on December 5, 2024.
What other items are mentioned in the 8-K filing besides the material definitive agreement?
The filing also mentions material modifications to rights of security holders, amendments to articles of incorporation or bylaws, and other events.
What is PG&E Corp.'s primary business as indicated by its SIC code?
PG&E Corp.'s Standard Industrial Classification (SIC) code is 4931, which corresponds to Electric & Other Services.
What is the business address of PG&E Corp.?
The business address for PG&E Corp. is 300 Lakeside Drive, Oakland, CA 94612.
Filing Stats: 1,774 words · 7 min read · ~6 pages · Grade level 11.7 · Accepted 2024-12-05 16:06:07
Key Financial Figures
- $25 — preferred stock, cumulative, par value $25 per share, 6% nonredeemable PCG-PA
- $50.00 — th an initial liquidation preference of $50.00 per share (the "Offering"). Under the t
Filing Documents
- d917505d8k.htm (8-K) — 92KB
- d917505dex11.htm (EX-1.1) — 222KB
- d917505dex31.htm (EX-3.1) — 262KB
- d917505dex51.htm (EX-5.1) — 9KB
- g917505dsp006.jpg (GRAPHIC) — 14KB
- g917505dsp37.jpg (GRAPHIC) — 4KB
- g917505g1204101733738.jpg (GRAPHIC) — 4KB
- g917505g1204101733918.jpg (GRAPHIC) — 2KB
- g917505g1205184751910.jpg (GRAPHIC) — 2KB
- g917505g1205184752241.jpg (GRAPHIC) — 2KB
- g917505g1205184752421.jpg (GRAPHIC) — 2KB
- g917505g1205184752594.jpg (GRAPHIC) — 3KB
- g917505g1205184752940.jpg (GRAPHIC) — 3KB
- 0001193125-24-271513.txt ( ) — 1009KB
- pcg-20241202.xsd (EX-101.SCH) — 8KB
- pcg-20241202_cal.xml (EX-101.CAL) — 1KB
- pcg-20241202_def.xml (EX-101.DEF) — 20KB
- pcg-20241202_lab.xml (EX-101.LAB) — 38KB
- pcg-20241202_pre.xml (EX-101.PRE) — 21KB
- d917505d8k_htm.xml (XML) — 22KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 1.1 Underwriting Agreement, dated as of December 2, 2024, by and among PG&E Corporation and J.P. Morgan Securities LLC, Barclays Capital Inc. and Citigroup Global Markets Inc. as representatives of the several underwriters named therein. 3.1 Certificate of Determination of 6.000% Series A Mandatory Convertible Preferred Stock of PG&E Corporation, filed with the Secretary of State of the State of California and effective as of December 5, 2024. 4.1 Form of Certificate for 6.000% Series A Mandatory Convertible Preferred Stock (included within Exhibit 3.1) . 5.1 Opinion of Hunton Andrews Kurth LLP. 23.1 Consent of Hunton Andrews Kurth LLP (included in Exhibit 5.1). 99.1 Press Release, dated December 2, 2024 (incorporated by reference to the Registrant's Form 8-K dated December 2, 2024 (File No. 1-12609), Exhibit 99.1). 99.2 Press Release, dated December 2, 2024 (incorporated by reference to the Registrant's Form 8-K dated December 2, 2024 (File No. 1-12609), Exhibit 99.2). 104 Cover Page Interactive Data File-the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be si gne d on their behalf by the undersigned thereunto duly authorized. PG&E CORPORATION Date: December 5, 2024 By: /s/ Carolyn J. Burke Name: Carolyn J. Burke Title: Executive Vice President and Chief Financial Officer PACIFIC GAS AND ELECTRIC COMPANY Date: December 5, 2024 By: /s/ Stephanie N. Williams Name: Stephanie N. Williams Title: Vice President, Chief Financial Officer and Controller