Park-Ohio Holdings Corp. Files 8-K

TL;DR

Park-Ohio Holdings Corp. filed an 8-K on 6/3/24, standard corporate update.

AI Summary

Park-Ohio Holdings Corp. filed an 8-K on June 3, 2024, reporting other events and financial statements. The filing details the company's incorporation in Ohio and provides its principal executive office address in Cleveland, Ohio.

Why It Matters

This filing serves as an official record of Park-Ohio Holdings Corp.'s corporate activities and financial reporting with the SEC.

Risk Assessment

Risk Level: low — This is a routine corporate filing with no immediate financial or operational news.

Key Numbers

• 000-03134 — SEC File Number (Park-Ohio Holdings Corp.'s SEC registration number.)
• 34-1867219 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• PARK OHIO HOLDINGS CORP (company) — Registrant
• 0000076282-24-000057 (filing_id) — Accession Number
• June 3, 2024 (date) — Date of Report
• Cleveland, Ohio (location) — Principal Executive Offices

FAQ

Key Financial Figures

• $1.00 — ich registered Common Stock, Par Value $1.00 Per Share PKOH The NASDAQ Stock Market
• $50,000,000 — t for aggregate sales proceeds of up to $50,000,000 through the ATM Program. A copy of th

Filing Documents

• pkoh-20240603.htm (8-K) — 36KB
• exhibit11.htm (EX-1.1) — 347KB
• exhibit51.htm (EX-5.1) — 10KB
• image.jpg (GRAPHIC) — 6KB
• 0000076282-24-000057.txt ( ) — 612KB
• pkoh-20240603.xsd (EX-101.SCH) — 2KB
• pkoh-20240603_def.xml (EX-101.DEF) — 3KB
• pkoh-20240603_lab.xml (EX-101.LAB) — 25KB
• pkoh-20240603_pre.xml (EX-101.PRE) — 15KB
• pkoh-20240603_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events. On June 3, 2024, Park-Ohio Holdings Corp., an Ohio corporation (the "Company"), filed with the Securities and Exchange Commission (the "SEC") a prospectus supplement (the "Prospectus Supplement") to the prospectus forming a part of the Company's effective shelf registration statement on Form S-3 (Registration No. 333-279399), declared effective by the SEC on May 23, 2024, with respect to the Company's new "at the market" program (the "ATM Program"), pursuant to an equity distribution agreement, dated as of June 3, 2024 (the "Equity Distribution Agreement"), between the Company and KeyBanc Capital Markets Inc., as sales agent (the "Sales Agent"). Under the terms of the Equity Distribution Agreement, the Company may, from time to time, issue and sell shares of the Company's common stock, par value $1.00 per share (the "Shares"), through the Sales Agent for aggregate sales proceeds of up to $50,000,000 through the ATM Program. A copy of the Equity Distribution Agreement and the legal opinion of Jones Day relating to the Shares being offered pursuant to the Prospectus Supplement and Equity Distribution Agreement are filed as Exhibits 1.1 and 5.1, respectively, to this Current Report on Form 8-K. The Board of Directors of the Company also approved the issuance and sale of up to 300,000 Shares in one or more private offerings from time to time to Edward F. Crawford and/or Matthew V. Crawford and/or their respective affiliates. The timing and extent to which the Company sells such Shares will depend upon market conditions and other considerations. The purchase price for any such Shares will be at least equal to the Nasdaq consolidated closing bid price of the Shares immediately preceding the agreement to purchase such Shares. Messrs. E. Crawford and M. Crawford and their respective affiliates may also purchase Shares on the open market.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 1.1 Equity Distribution Agreement, dated as of June 3, 2024, by and between Park-Ohio Holdings Corp. and KeyBanc Capital Markets Inc. 5.1 Opinion of Jones Day 23.1 Consent of Jones Day (included in Exhibit 5.1) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 3

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. Park-Ohio Holdings Corp. (Registrant) Dated: June 3, 2024 /s/ Robert D. Vilsack Robert D. Vilsack Chief Legal and Administrative Officer, Corporate Secretary 4

View Full Filing

View this 8-K filing on SEC EDGAR