UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No. )
Filed by the Registrant ☒
Filed by a Party other than the Registrant ☐
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| ☐ | Preliminary Proxy Statement |
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☐ | Definitive Proxy Statement |
| ☒ | Definitive Additional Materials |
| ☐ | Soliciting Material under §240.14a-12 |
SPX Corporation
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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| ☒ | No fee required. |
| ☐ | Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
| (1) | Title of each class of securities to which transaction applies: |
| (2) | Aggregate number of securities to which transaction applies: |
| (3) | Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): |
| (4) | Proposed maximum aggregate value of transaction: |
| (5) | Total fee paid: |
| ☐ | Fee paid previously with preliminary materials. |
| ☐ | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. |
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| 6325 Ardrey Kell Road, Suite 400 Charlotte, North Carolina 28277 Telephone: (980) 474-3700 Facsimile: (980) 474-3729 March 26, 2021 |
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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. |