Press release
CHESAPEAKE ENERGY CORPORATION ANNOUNCES EFFECTIVENESS OF REGISTRATION STATEMENT FOR ITS EXCHANGE OFFERS RELATING TO WARRANTS
OKLAHOMA CITY, Sept. 16, 2022 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) ("Chesapeake" or the "Company") today announced that the
About this update from Expand Energy Corporation
[{"type":"text","content":"OKLAHOMA CITY, Sept. 16, 2022 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) (\"Chesapeake\" or the \"Company\") today announced that the registration statement on Form S-4 (the \"Registration Statement\") filed by the Company with the U.S. Securities and Exchange Commission (\"SEC\") registering common stock, par value $0.01 per share (\"common stock\"), of the Company issuable as part of the Company's previously announced exchange offers (each, an \"Offer,\" and collectively, the \"Offers\") relating to its outstanding (i) Class A warrants (the \"Class A warrants\"), (ii) Class B warrants (the \"Class B warrants\") and (iii) Class C warrants (the \"Class C warrants,\" and together with the Class A warrants and the Class B warrants, the \"warrants\"), each to purchase shares of common stock, has been declared effective by the SEC. As a result, the Company does not expect or intend to extend the expiration date of any Offer, each of which is set to expire at 11:59 p.m. (New York City time) on October 7, 2022 (the \"Expiration Date\"), as described in the Company's Schedule TO and Prospectus/Offers to Exchange, each, as amended. The Company advises holders of warrants who intend and are eligible to participate in the Offers to tender their warrants as soon as possible in the manner described in the Company's Schedule TO and Prospectus/Offers to Exchange and related offering materials previously distributed to each holder.\n\n \n \n \n \n \n \n\n \nThe Company is offering to all holders of the warrants the opportunity to receive a number of shares of common stock to be determined over a ten trading day volume-weighted average trading price measurement period, in each case, for warrants validly tendered and accepted for exchange pursuant to the Offers, as further described in the Company's Schedule TO and Prospectus/Offers to Exchange, each, as amended.\nTendered warrants may be withdrawn by holders at any time prior to the applicable Expiration Date. The Company may extend or amend an Offer without extending or amending any other Offer.\nThe Offers are being made pursuant to an amended Prospectus/Offers to Exchange dated September 16, 2022, and an amended Schedule TO, dated September 12, 2022, each of which has been filed with the SEC and more fully set forth the terms and conditions of the Offers.\nChesapeake's commo...