8-KExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (May 31, 2007)

Filed May 31, 2007For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

Wells Fargo & Company (WFC) filed a Form 8-K on May 31, 2007, to report the issuance of its "Notes Linked to the Common Stock of Apple Inc. due June 1, 2008." This filing primarily serves to provide the necessary documentation related to this specific financial product. Investors should note that this is not a general financial update or earnings report, but rather a disclosure of a structured note offering tied to the performance of Apple Inc. stock. The purpose of this 8-K is to formally file the form of the Note itself, along with legal and tax opinions from Mary E. Schaffner, Esq. and Sullivan & Cromwell LLP, respectively. These documents provide details on the terms and conditions of the notes, as well as legal and tax implications. Investors interested in the specifics of this structured product, or its potential impact on Wells Fargo's liabilities or investor base, will find the attached exhibits crucial.

Key Highlights

  • 1Wells Fargo & Company issued "Notes Linked to the Common Stock of Apple Inc. due June 1, 2008" on May 30, 2007.
  • 2The 8-K filing's primary purpose is to disclose documentation related to this specific note issuance.
  • 3Key documents filed include the form of the Note, legal opinions, and tax opinions.
  • 4The Note's performance is directly linked to the common stock of Apple Inc.
  • 5The issuance is detailed in connection with a Registration Statement on Form S-3 previously filed by Wells Fargo.
  • 6Legal counsel Sullivan & Cromwell LLP provided a special tax opinion.
  • 7The filing includes consents from the legal and tax opinion providers.

Frequently Asked Questions

The main purpose of this 8-K filing is to disclose the issuance of "Notes Linked to the Common Stock of Apple Inc. due June 1, 2008" and to provide related documentation, including the form of the note and legal/tax opinions.

No, this 8-K filing is specific to a particular financial product (structured notes) and does not provide a general update on Wells Fargo's overall financial performance or earnings.

The risks associated with these Notes would be detailed within the Form of Note document filed as an exhibit. Generally, notes linked to a specific stock carry risks tied to the performance of that underlying stock, as well as the creditworthiness of the issuer (Wells Fargo).

More detailed information about these Notes can be found in the exhibits attached to this 8-K filing, specifically the 'Form of Note Linked to the Common Stock of Apple Inc. due June 1, 2008,' and the opinions from Mary E. Schaffner, Esq. and Sullivan & Cromwell LLP.