8-K

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): March 26, 2021

SPX CORPORATION

(Exact name of registrant as specified in its charter)

Delaware	1-6948	38-1016240
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

6325 Ardrey Kell Road, Suite 400

Charlotte, North Carolina 28277

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code (980) 474-3700

NOT APPLICABLE

(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 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, par value $0.01	SPXC	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 (17 CFR§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

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 8.01. Other Events

The Addendum to Proxy Statement (the “Addendum”) of SPX Corporation (the “Company”) dated March 26, 2021 filed as Exhibit 99.1 hereto corrects, replaces and supersedes the Audit and Non-Audit Fee Table and the footnotes thereto appearing on page 49 of the Company’s 2021 Notice of Annual Meeting of Stockholders and Proxy Statement filed on March 26, 2021, which table was incorporated by reference into Part III, Item 12 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. The Addendum is incorporated by reference.

Item 9.01. Financial Statements and Exhibits.

(d)    Exhibits.

Exhibit Number	Description
99.1	Addendum to Proxy Statement dated March 26, 2021
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

1

SIGNATURES

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.

	SPX CORPORATION
	(Registrant)
Date: March 26, 2021	By:	/s/ John W. Nurkin
		John W. Nurkin
		Vice President, General Counsel and Secretary

2

EX-99.1

Exhibit 99.1

6325 Ardrey Kell Road, Suite 400 Charlotte, North Carolina 28277 Telephone: (980) 474-3700 Facsimile: (980) 474-3729
March 26, 2021

ADDENDUM TO PROXY STATEMENT

Following the printing of our 2021 Notice of Annual Meeting of Stockholders and Proxy Statement (the “2021 Proxy Statement”), we determined that the Audit and Non-Audit Fee Table appearing on page 49 of the 2021 Proxy Statement inadvertently omitted the entry for All Other Fees for the fiscal year ended December 31, 2020. The corrected table and footnotes are as follows and replace and supersede the table and footnotes appearing on page 49 of the 2021 Proxy Statement.

AUDIT AND NON-AUDIT FEE TABLE

During fiscal years 2019 and 2020, we retained our principal independent registered public accounting firm, Deloitte, to perform services in the following categories and amounts:

	2020		2019
Audit Fees(1)	$	3,197,000	$	3,570,000
Audit-Related Fees(2)	$	21,000	$	19,000
Tax Fees(3)	$	151,000	$	125,000
All Other Fees(4)	$	740,000		N/A

(1) Fees for audit services billed or expected to be billed relate to (a) audit of our annual financial statements and effectiveness of internal controls over financial reporting; (b) reviews of our quarterly financial statements; (c) statutory and regulatory audits; (d) audit of balance sheets and activities of acquired businesses; (e) other technical accounting assistance; and (f) consents, and other services related to SEC matters.

(2) Fees for audit-related services include attest or audit services that are not required.

(3) Fees for tax services relate to tax compliance and preparation, including the preparation of original and amended tax returns, claims for refunds, and tax payment planning.

(4) Fees for financial statement services in support of contemplated merger and acquisition activity.

XML

Document and Entity Information	Mar. 26, 2021
Cover [Abstract]
Entity Registrant Name	SPX CORP
Amendment Flag	false
Entity Central Index Key	0000088205
Document Type	8-K
Document Period End Date	Mar. 26, 2021
Entity Incorporation State Country Code	DE
Entity File Number	1-6948
Entity Tax Identification Number	38-1016240
Entity Address, Address Line One	6325 Ardrey Kell Road
Entity Address, Address Line Two	Suite 400
Entity Address, City or Town	Charlotte
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28277
City Area Code	(980)
Local Phone Number	474-3700
Written Communications	false
Soliciting Material	false
Pre Commencement Tender Offer	false
Pre Commencement Issuer Tender Offer	false
Security 12b Title	Common Stock, par value $0.01
Trading Symbol	SPXC
Security Exchange Name	NYSE
Entity Emerging Growth Company	false