Summary
This 8-K filing from Alcoa Inc., dated October 19, 2016, announces details regarding its planned separation into two independent, publicly-traded companies: Arconic Inc. and Alcoa Upstream Corporation (which will become Alcoa Corporation). The separation is scheduled to be effective before the market opens on November 1, 2016. This report serves as a disclosure mechanism, informing investors about upcoming investor events hosted by both future entities. Investors should note that Alcoa Corporation will begin its investor meetings on October 20, 2016, and will host a global investor webcast on the same day at 9 a.m. EDT. The filing also incorporates by reference the Alcoa Corporation Global Investor Presentation dated October 19, 2016, providing materials for these upcoming sessions. This information is furnished and not filed, meaning it will not be automatically incorporated into future registration statements.
Key Highlights
- 1Alcoa Inc. is preparing to separate into two independent companies: Arconic Inc. and Alcoa Upstream Corporation (Alcoa Corporation).
- 2The separation is slated to be effective before the market opens on November 1, 2016.
- 3Both Alcoa Corporation and Arconic Inc. will host investor events in October 2016.
- 4Alcoa Corporation's investor meetings will commence on October 20, 2016.
- 5A global investor webcast for Alcoa Corporation is scheduled for October 20, 2016, at 9 a.m. EDT.
- 6An Alcoa Corporation Global Investor Presentation, dated October 19, 2016, is furnished as an exhibit.
- 7The information provided is furnished under Regulation FD and not formally filed with the SEC.