Search the web
Welcome, Guest
[Sign Out, My Account]

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
POWR > SEC Filings for POWR > Form 8-K on 23-May-2013All Recent SEC Filings

Show all filings for POWERSECURE INTERNATIONAL, INC. | Request a Trial to NEW EDGAR Online Pro



Other Events, Financial Statements and Exhibits

Item 8.01 Other Events

On May 23, 2013, PowerSecure International, Inc., a Delaware corporation (the "Company"), issued a press release announcing that it has gained 100 percent ownership of its solar business with the purchase of the final 10 percent ownership stake from Southern Energy Management and also has gained 100 percent ownership of its IES LED lighting business with the purchase of the final 33 percent ownership interest from IES. In addition, PowerSecure has acquired Powerline EHV & Safety Training, LLC, a leader in utility infrastructure safety training. The Company completed these three transactions for approximately $1.3 million in cash and approximately $3.0 million in shares of its Common Stock, par value $.01 per share, for a total aggregate purchase price valued at approximately $4.3 million.

The press release filed herewith as Exhibit 99.1 contains forward-looking statements relating to the Company's future performance made within the meaning of and pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. A more thorough discussion of certain risks, uncertainties and other factors that may affect the Company is included in the Company's most recent Annual Report on Form 10-K and in subsequent reports, including the Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, that the Company files or furnishes with the Securities and Exchange Commission.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Press Release of PowerSecure International, Inc., issued May 23, 2013, announcing acquisitions

  Add POWR to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for POWR - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now

Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.