Summary
This SEC 8-K filing by ONEOK INC /NEW/ (OKE), filed on April 26, 2000, pertains to the company's registration statement becoming effective. Specifically, it indicates that the registration statement filed under registration number 333-95013, concerning common stock, has become effective. This event is significant as it allows the company to legally issue and sell the registered shares to the public, potentially raising capital for its operations and strategic initiatives. Investors should note this development as it signals the company's preparedness to access equity markets.
Key Highlights
- 1ONEOK INC /NEW/ (OKE) filed an 8-K on April 26, 2000.
- 2The filing relates to a registration statement becoming effective.
- 3The registration statement is identified by number 333-95013.
- 4The registration statement covers the company's common stock.
- 5This event allows ONEOK to legally offer and sell its common stock to the public.
- 6The effective registration statement is a prerequisite for potential equity financing.
Frequently Asked Questions
The main purpose of this 8-K filing is to announce that ONEOK's registration statement (number 333-95013) for its common stock has become effective. This allows the company to proceed with issuing and selling these shares to the public.
When a registration statement becomes effective, it means the U.S. Securities and Exchange Commission (SEC) has reviewed it and found it to be in compliance with disclosure requirements. This permits the company to legally offer and sell the securities (in this case, common stock) described in the registration statement to investors.
For investors, an effective registration statement signifies that ONEOK is now in a position to raise capital through the sale of its common stock. This could lead to new shares being issued, potentially diluting existing ownership, or it could signal a strategic move by the company to fund growth or other corporate activities.
This particular 8-K filing primarily serves as notification that the registration statement has become effective. It does not, by itself, provide details of an ongoing or planned stock offering, such as the number of shares to be sold, the price, or the timing. Those details would typically be found in a prospectus, which is part of the registration statement.