What is the main purpose of this 8-K filing?

The main purpose of this filing is to officially submit the forms for three issuances of Medium-Term Notes, Series S, and the related legal opinion, as part of a broader Registration Statement on Form S-3.

What are 'Principal at Risk Securities'?

Principal at Risk Securities are a type of structured note where the return of principal is not fully guaranteed. The amount of principal returned at maturity can be affected by the performance of an underlying asset or index, in this case, the performance of the S&P 500®, Russell 2000®, and Dow Jones Industrial Average®.

Does this filing represent new financial results or a significant operational change for Wells Fargo?

No, this 8-K filing does not present new financial statements or report on material changes in Wells Fargo's operations. It is primarily a regulatory filing to provide documentation for a specific debt instrument issuance.

Who is Faegre Baker Daniels LLP and why are they mentioned?

Faegre Baker Daniels LLP is a law firm. Their opinion and consent regarding the Medium-Term Notes are included in this filing to provide legal assurance and satisfy regulatory requirements for the issuance of these securities.

WELLS FARGO & COMPANY/MN 8-K SEC Disclosure

Summary

This 8-K filing from Wells Fargo & Company (WFC) on May 9, 2018, primarily serves to file exhibits related to a Registration Statement on Form S-3. Specifically, the company is providing the forms for three issuances of Medium-Term Notes, Series S, which are Principal at Risk Securities. These notes are linked to the performance of the lowest performing among the S&P 500® Index, the Russell 2000® Index, and the Dow Jones Industrial Average®.

Key Highlights

1Wells Fargo is filing forms for three issuances of Medium-Term Notes, Series S.
2These notes are classified as Principal at Risk Securities.
3The performance of these notes is linked to the lowest performing of the S&P 500® Index, Russell 2000® Index, and Dow Jones Industrial Average®.
4The maturity date for these specific notes is May 9, 2023.
5The filing includes the legal opinion from Faegre Baker Daniels LLP regarding these notes.
6The purpose of this filing is to provide supporting documentation for a previously filed Registration Statement on Form S-3.
7This report does not contain new financial statements or material operational updates for Wells Fargo itself, but rather details on a specific debt issuance.

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (May 9, 2018)

Summary

Key Highlights

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