Calumet Specialty Products Partners, L.P. Unitholders Approve Conversion to a C-Corporation
Calumet Specialty Products Partners, L.P. Unitholders Approve Conversion to a C-Corporation
99.6% of the Votes Cast Supported the Conversion
99.6%的投票支持转换
INDIANAPOLIS, July 9, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), announced today that its unitholders voted to approve the previously announced conversion (the "Conversion") of its structure from a master limited partnership ("MLP") to a C-Corporation, pursuant to which the unitholders of the Partnership will become shareholders of Calumet, Inc. ("New Calumet") upon closing of the Conversion.
印第安纳波利斯，2024年7月9日/美通社/--Calumet Specialty Products Partners，L.P.（纳斯达克：CLMT）（“合伙企业”，“Calumet”，“我们”，“我们的”或“我们”），今天宣布其执事会成员投票批准先前宣布的结构转换（“转换”），从主管有限合伙企业（“MLP”）转换为C-Corporation，据此，合伙企业的乘份权益持有人将在关闭交易后成为Calumet，Inc.（“New Calumet”）的股东
At the Partnership's special meeting of unitholders held on July 9, 2024, over 99% of the votes cast on the Conversion proposal were cast in favor of the approval of the Conversion. The Partnership's unitholders also voted to approve all other proposals presented at the special meeting. The Partnership plans to file the full results of the special meeting, as tabulated by the inspector of election, with the Securities and Exchange Commission on a Form 8-K. Subject to the satisfaction of customary closing conditions, the Conversion is expected to close on Wednesday, July 10, and the common stock, par value $0.01 per share, of New Calumet is expected to commence trading on Nasdaq on Thursday, July 11 under the ticker symbol "CLMT," which is the same symbol that the Partnership's common units previously traded under.
在2024年7月9日举行的合伙企业乘份权益持有人特别会议上，转换提案的投票中超过99％的投票支持批准转换。 合伙企业的乘份权益持有人还投票批准了特别会议提出的所有其他提案。 合伙企业计划将选举人计票员清点的特别会议的全部结果以8-k表格提交给美国证券交易委员会。 在满足通常的交割条件的情况下，预计于2024年7月10日结转，并且New Calumet的每股普通股面值为0.01美元的股票将于2024年7月11日在纳斯达克上市，股票代码为“CLMt”，这是合伙企业的普通股曾经交易的相同代码。
"I appreciate the leadership of our General Partner, Conflicts Committee, and Board of Directors, as well as the support of our unitholders in taking this major step," said Todd Borgmann, CEO. "A tremendous amount of effort went into this transaction, and our investors displayed overwhelming support with a 99.6% approval rate amongst votes cast on the conversion proposal. This conversion represents the beginning of a new chapter, and we look forward to welcoming new shareholders as we focus on driving shareholder value in 2024 and beyond."
“我感谢我们的总部领导、决策冲突委员会和董事会的领导，以及我们的乘份权益持有人采取这个重大的步骤，”首席执行官托德·博格曼说。 “这笔交易需要投入巨大的努力，我们的投资者在转换提案的投票中以超过99.6％的批准率显示出了支持。这种转换代表了新篇章的开始，我们期待迎接新的股东，展望2024年及以后为股东创造价值。”
About Calumet
关于Calumet
Calumet manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. Calumet is headquartered in Indianapolis, Indiana and operates 12 specialty product manufacturing and production facilities throughout North America.
Calumet在消费者和工业市场上为客户制造、配制和推出各种专业品牌产品和可再生燃料。 Calumet总部位于印第安纳波利斯，印第安纳州，并在北美运营12个专业产品制造和生产设施。
Cautionary Statement Regarding Forward-Looking Statements
关于前瞻性声明的警示声明
Certain statements and information in this press release may constitute "forward-looking statements." The words "will," "may," "intend," "believe," "expect," "outlook," "forecast," "anticipate," "estimate," "continue," "plan," "should," "could," "would," or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. The statements discussed in this press release that are not purely historical data are forward-looking statements, including, but not limited to, statements regarding the anticipated closing date, expected future growth of the reorganized company, and plans and objectives of management for future operations. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Our forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause our actual results to differ materially from our historical experience and our present expectations. For additional information regarding known material risks, uncertainties and other factors that can affect future results, please see our filings with the Securities and Exchange Commission, including our latest Annual Report on Form 10-K and Quarterly Report on Form 10-Q. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.
本新闻稿中的某些声明和信息可能构成“前瞻性声明”。“将”，“可能”，“意图”，“相信”，“期望”，“展望”，“预测”，“预计”，“继续”，“计划”，“应该”，“可能”等类似表达式旨在识别前瞻性声明，这些声明通常不是以历史为基础的。 本新闻稿中讨论的非纯粹历史数据的声明均为前瞻性声明，其中包括但不限于有关预计的交割日期，已重新组织公司预期的未来增长以及管理层未来业务的计划和目标。我们的前瞻性声明基于我们对未来发展及其对我们的潜在影响的当前期望和信念。尽管管理层认为这些前瞻性声明在制作时是合理的，但不能保证未来影响我们的发展将是我们预期的那样。我们的前瞻性声明涉及重大风险和不确定性（其中一些超出我们的控制范围）和假设，这可能导致我们的实际结果与我们的历史经验和我们当前的期望大相径庭。有关已知的重要风险、不确定性和其他可能影响未来结果的因素的更多信息，请参见我们向美国证券交易委员会的备案，包括我们最新的年度报告表格10-k和季度报告表格10-Q。我们在发表前瞻性声明后没有义务公开更新或修订其原因，无论是因为新信息、未来事件还是其他原因，除非法律要求我们这样做。
SOURCE Calumet Specialty Products Partners, L.P.
来源Calumet Specialty Products Partners，L.P。