UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact Name of Registrant as Specified in its Charter)
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(Former name or former address, if changed since last report.)
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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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:
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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).
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Emerging growth company |
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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. |
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☐ |
Item 8.01. Other Events.
On January 13, 2021, WI Ventures, LLC, a wholly-owned subsidiary of Worthington Industries, Inc. (“WI Ventures”), sold its remaining 7,048,020 shares of Nikola Corporation common stock for net pre-tax cash proceeds of $146,590,000, generating a pre-tax gain of $2,740,000. After this transaction, WI Ventures no longer owns any shares of Nikola Corporation common stock.
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.
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WORTHINGTON INDUSTRIES, INC. |
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Date: January 14, 2021 |
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By: |
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/s/Patrick J. Kennedy |
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Patrick J. Kennedy, Vice President-General Counsel & Secretary |
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Document And Entity Information |
Jan. 13, 2021 |
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| Cover [Abstract] | |
| Entity Registrant Name | WORTHINGTON INDUSTRIES, INC. |
| Document Type | 8-K |
| Amendment Flag | false |
| Document Period End Date | Jan. 13, 2021 |
| Entity Central Index Key | 0000108516 |
| Entity Emerging Growth Company | false |
| Entity File Number | 1-8399 |
| Entity Incorporation, State or Country Code | OH |
| Entity Tax Identification Number | 31-1189815 |
| Entity Address, Address Line One | 200 Old Wilson Bridge Road |
| Entity Address, City or Town | Columbus |
| Entity Address, State or Province | OH |
| Entity Address, Postal Zip Code | 43085 |
| City Area Code | 614 |
| Local Phone Number | 438-3210 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of each class | Common Shares, without par value |
| Trading Symbol | WOR |
| Name of each exchange on which registered | NYSE |