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8-KThe WireRoutine

Reg FD Disclosure · Company Update

Filed May 16, 2022 · 4y ago · Accession 0000950103-22-008512

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________    FORM 8-K   CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934   Date of Report (Date of earliest event reported): May 16, 2022   Emerson Electric Co. ____________________    (Exact Name of Registrant as Specified in Charter)   Missouri 1-278 43-0259330 (State or Other Jurisdiction of Incorporation) (Commission (I.R.S. Employer Identification Number)   File Number)     8000 West Florissant Avenue     St. Louis , Missouri   63136 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s telephone number, including area code:   ( 314 ) 553-2000 ____________________    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class  Trading Symbol(s) Name of each exchange on which registered Common Stock of $0.50 par value per share EMR New York Stock Exchange     NYSE Chicago 0.375% Notes due 2024 EMR 24 New York Stock Exchange 1.250% Notes due 2025 EMR 25A New York Stock Exchange 2.000% Notes due 2029 EMR 29 New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   ☐ Emerging growth company   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐         Item 7.01. Regulation FD Disclosure   On May 16, 2022, Emerson Electric Co. (“Emerson”) issued a press release announcing the completion of the transactions contemplated by the Transaction Agreement and Plan of Merger, dated as of October 10, 2021, as amended by Amendment No. 1 to the Transaction Agreement and Plan of Merger, dated as of March 23, 2022 and Amendment No. 2 to the Transaction Agreement and Plan of Merger, dated as of May 3, 2022, by and among Emerson, Aspen Technology, Inc., a Delaware corporation (“ Aspen ”), EMR Worldwide Inc., a Delaware corporation and a wholly owned subsidiary of Emerson (“ Emerson Sub ”), Emersub CX, Inc., a Delaware corporation and a wholly owned subsidiary of Emerson Sub (“ New AspenTech ”), and Emersub CXI, Inc., a Delaware corporation and a direct wholly owned subsidiary of Emersub CX, Inc. (“ Merger Sub ”) (the “ Transaction Agreement ”) . A copy of such press release is attached hereto as Exhibit 99.1 and is furnished herewith.   Item 8.01. Other Events   On May 16, 2022, Emerson completed the previously announced transactions contemplated by the Transaction Agreement. Pursuant to the Transaction Agreement, (i) Emerson contributed $6,014,000,000 in cash to New AspenTech in exchange for a number of shares of common stock, par value $0.0001 per share, of New AspenTech (“ Common Stock ”), (ii) Emerson Sub contributed Open Systems International, Inc. and the Geological Simulation Software business to New AspenTech in exchange for a number of shares of Common Stock, (iii) Merger Sub merged with and into Aspen, with Aspen as the surviving corporation and a direct wholly owned subsidiary of New AspenTech (the “Merger”), and (iv) each outstanding share of common stock of Aspen (with certain exceptions) was converted into the right to receive 0.42 shares of Common Stock and $87.69 in cash. As a result of the transactions contemplated by the Transaction Agreement, Emerson will beneficially own 55% of the outstanding shares of Common Stock (calculated on a fully diluted basis) and pre-Merger Aspen stockholders own the remaining outstanding shares of Common Stock. New AspenTech has been renamed Aspen Technology, Inc., and will be listed on NASDAQ with the ticker symbol AZPN.   Item 9.01 Financial Statements and Exhibits   (d) Exhibits.   Exhibit Number Description 99.1 Press release, dated May 16, 2022 issued by Emerson 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).         SIGNATURE   Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.       EMERSON ELECTRIC CO. (Registrant)       Date: May 16, 2022 By: /s/ John A. Sperino       John A. Sperino       Vice President and Assistant Secretary
Filing details
Ticker
EMR
CIK
32604
Form type
8-K
Filing date
May 16, 2022
Report date
May 16, 2022
Document
dp173154_8k.htm
Size
270 KB