05:23 PM EDT, 09/16/2024 (MT Newswires) -- Everest Group ( EG ) filed a registration statement Monday with the US Securities and Exchange Commission for the potential sale of its securities from time to time in one or more offerings.

The filing covers common shares; preferred shares; depositary shares representing common shares or preferred shares; senior or subordinated debt securities, which may be convertible into common or preferred shares; warrants to purchase common shares, preferred shares or debt securities; and share purchase contracts and share purchase units.

Net proceeds will be used for the company's working capital and other general corporate purposes, it said.

The filing also covers the potential sale by Everest Holdings of depositary shares representing common shares or preferred shares of Everest Group ( EG ) or preferred stock of Everest Holdings and senior or subordinated debt securities, which may be converted into Everest Group ( EG ) common or preferred shares.

Meanwhile, Everest Capital Trust may sell preferred securities, which will be guaranteed by Everest Holdings and which may also be guaranteed by Everest Group ( EG ), according to the filing.