Kosmos Energy Ltd.

10/19/2021 | Press release | Distributed by Public on 10/19/2021 14:33

Material Event - Form 8-K



Washington, DC 20549



Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 19, 2021 (October 14, 2021)


(Exact Name of Registrant as Specified in its Charter)

Delaware 001-35167 98-0686001

(State or other jurisdiction

of incorporation)


File Number)

(I.R.S. Employer

Identification No.)

8176 Park Lane
Dallas, Texas 75231
(Address of Principal Executive Offices) (Zip Code)
Title of each class Trading Symbol

Name of each exchange on which


Common Stock $0.01 par value KOS New York Stock Exchange
London Stock Exchange

Registrant's telephone number, including area code: +1 214445 9600

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 filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

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))

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).

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.

On October 14, 2021, Kosmos Energy Ltd. ("Kosmos" or "Company") entered into an underwriting agreement (the "Underwriting Agreement") between the Company and Barclays Capital Inc., as representative of the several underwriters listed on Schedule A thereto (the "Underwriters"), pursuant to which the Company agreed to issue and sell to the Underwriters 37,500,000 shares of common stock, par value $0.01 (the "shares"), in a registered public offering (the "Offering") pursuant to an effective shelf registration statement on Form S-3 (Registration File No. 333-257246) (the "Shelf Registration Statement"). Pursuant to the Underwriting Agreement, the Company granted the Underwriters an option to purchase an additional 5,625,000 shares of common stock of the Company (the "Option"). The description of the Underwriting Agreement contained herein is qualified in its entirety by reference to the Underwriting Agreement, a copy of which is included as Exhibit 1.1 to this Current Report on Form 8-K and is incorporated herein by reference.

On October 15, 2021, the Underwriters exercised the Option in full.

On October 19, 2021, the Company closed the Offering and the Option.

Item 9.01 Financial Statements and Other Exhibits.

(c) Exhibits

Exhibit No. Description
1.1 Underwriting Agreement, dated October 14, 2021, between Kosmos Energy Ltd. and Barclays Capital Inc., as representative of the several underwriters listed in Schedule A thereto.
5.1 Opinion of Davis Polk & Wardwell LLP
23.1 Consent of Davis Polk & Wardwell LLP (included in Exhibit 5.1)
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).


Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 19, 2021

By: /s/ NEAL D. SHAH
Neal D. Shah
Senior Vice President and Chief Financial Officer