Item 8.01. Other Events.
On November 5, 2021, The Southern Company (the "Company") entered into
separate Sales Agency Financing Agreements (the "Agreements") with Barclays
Capital Inc., BofA Securities, Inc., Citigroup Global Markets Inc., Goldman
Sachs & Co. LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC, Morgan
Stanley & Co. LLC, MUFG Securities Americas Inc., RBC Capital Markets, LLC,
Scotia Capital (USA) Inc., Truist Securities, Inc. and Wells Fargo Securities,
LLC (each, a "Sales Agent"). Under the terms of the Agreements, the Company may
offer and sell from time to time not to exceed 50,000,000 shares of the
Company's common stock, $5.00 par value per share (the "Shares"). Unless earlier
terminated, the Agreements will terminate upon the earlier of (i) the sale of
all of the Shares through the Agreements or (ii) February 19, 2024.
All of the Shares to be issued and sold under the Agreements were registered
under the Securities Act of 1933, as amended, pursuant to the shelf registration
statement (Registration No. 333-253286) of the Company.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
1.4 Form of Sales Agency Financing Agreement dated as of November 5,
2021 between the Company and each Sales Agent.
5.1 Opinion of Troutman Pepper Hamilton Sanders LLP relating to the
Shares.
23.1 Consent of Troutman Pepper Hamilton Sanders LLP (included in Exhibit
5.1 above).
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