UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 27, 2018
SOUTHWEST GAS HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
California | 001-37976 | 81-3881866 | ||
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) |
5241 Spring Mountain Road Post Office Box 98510 Las Vegas, Nevada | 89193-8510 | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (702) 876-7237
Check the appropriate box below if the Form8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule14a-12 under the Exchange Act (17 CFR240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule14d-2(b) under the Exchange Act (17 CFR240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule13e-4(c) under the Exchange Act (17 CFR240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule12b-2 of the Securities Exchange Act of 1934(§240.12b-2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01. | Entry into a Material Definitive Agreement. |
On November 27, 2018, Southwest Gas Holdings, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC as representatives of the several underwriters named in Schedule 1 thereto (the “Underwriters”). Pursuant to the terms and conditions of the Underwriting Agreement, the Company agreed to sell 3,100,000 shares of its common stock, $1.00 par value per share (“common stock”), at a public offering price of $75.50 per share. Pursuant to the terms of the Underwriting Agreement, the Company granted the Underwriters a30-day option to purchase up to an additional 465,000 shares of common stock, which the Underwriters exercised in full on November 28, 2018. The common stock was offered and sold pursuant to a prospectus supplement, dated November 27, 2018, and a base prospectus, dated December 13, 2017, relating to the Company’s effective shelf registration statement onForm S-3 (FileNo. 333-222047). The Company used a portion of the net proceeds from the offering to fund part of the purchase price of its previously announced acquisition of an 80% interest in Linetec Services, LLC, which closed on November 30, 2018.
A copy of the Underwriting Agreement is filed herewith as Exhibit 1.1 to this Current Report onForm 8-K and is incorporated herein by reference. The summary of the Underwriting Agreement set forth above is qualified in its entirety by reference to Exhibit 1.1.
Item 9.01. | Financial Statements and Exhibits. |
(d)Exhibits.
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 hereunto duly authorized.
SOUTHWEST GAS HOLDINGS, INC. | ||
Date: November 30, 2018 | ||
/s/ KAREN S. HALLER | ||
| ||
Karen S. Haller | ||
Executive Vice President/Chief Legal and Administrative | ||
Officer and Corporate Secretary |