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.
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Filing text
View original ↗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
- Company
- EMERSON ELECTRIC CO
- 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