Summary
This 8-K filing from Schering-Plough Corporation, dated August 10, 2004, reports on the successful completion of a registered public offering of 28,750,000 shares of its 6.00% Mandatory Convertible Preferred Stock. This offering included an additional 3,750,000 shares due to the underwriters exercising their option to purchase more stock, indicating strong demand. The transaction was conducted under a previously filed Registration Statement on Form S-3. The filing also includes key supporting documents as exhibits, such as the underwriting agreement with major financial institutions like Goldman, Sachs & Co., Banc of America Securities LLC, and Citigroup Global Markets Inc., an opinion of counsel regarding the preferred stock, and the Certificate of Amendment to the company's Certificate of Incorporation specific to this preferred stock issuance. These documents are incorporated by reference into the registration statement, providing transparency and supporting the legitimacy of the offering.
Key Highlights
- 1Schering-Plough Corporation completed a public offering of 28,750,000 shares of 6.00% Mandatory Convertible Preferred Stock.
- 2An additional 3,750,000 shares were issued due to the underwriters exercising their option, suggesting strong investor interest.
- 3The offering was registered under a Form S-3 filing with the SEC.
- 4The event date for the reporting is August 9, 2004, with the filing date being August 10, 2004.
- 5Key underwriting firms involved include Goldman, Sachs & Co., Banc of America Securities LLC, and Citigroup Global Markets Inc.
- 6The filing includes the underwriting agreement, an opinion of counsel, and the Certificate of Amendment for the preferred stock as exhibits.
- 7This issuance represents a significant capital raise for Schering-Plough.