SECsense Logo

Chart Industries Inc. 8-K Report: Key Insights on Stock Structure & Corporate Actions

$GTLS
Form 8-K
Filed on: 2025-01-07
Source
Chart Industries Inc. 8-K Report: Key Insights on Stock Structure & Corporate Actions

The extracted key information from the provided section of the financial report for Chart Industries Inc. is as follows:

  1. Company Identification:
  • Name: Chart Industries Inc.
  • CIK: 0000892553
  • SEC Filing Type: 8-K
  • Filing Date: January 1, 2025
  1. Business Address:
  • Address: 2200 Airport Industrial Drive, Ball Ground, GA 30107
  • Phone: (770) 721-8800
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.01
    • Ticker Symbol: GTLS (NYSE)
  • Preferred Stock:
    • Type: 6.75% Series B Mandatory Convertible Preferred Stock
    • Par Value: $0.01
    • Ticker Symbol: GTLS.PRB (NYSE)
    • Structure: Depositary shares representing a 1/20th interest in a share of the preferred stock.
  1. Reporting Period:
  • Start Date: January 1, 2025
  • End Date: January 1, 2025
  • This indicates that the report pertains to a single day, possibly reflecting a corporate event or significant transaction occurring on that date.
  1. Stock Classifications:
  • The report includes classifications for common stock and Series B preferred stock under US GAAP standards.

Insights:

  • The report is likely a significant update regarding the company’s securities, possibly related to the issuance or modification of convertible preferred stock.
  • The inclusion of both common and preferred stock indicates a structured capital raising strategy, which can affect shareholder equity and dividends.
  • The specific date of the report suggests it may relate to a material event that occurred on that date, warranting the 8-K filing.

Overall, this information provides a snapshot of Chart Industries Inc.'s stock structure and recent corporate actions, which are critical for investors and analysts monitoring the company's financial health and market position.