UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| 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 |
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
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. |