Centrus enters voting agreement with MB Group; extends warrant to Feb 2024 for 250K shares

CENTRUS ENERGY CORP

MB Group (Morris Bawabeh, Kulayba LLC, M&D Bawabeh Foundation) agrees to vote shares for Board nominees and proposals at 2023-2024 meetings.
In exchange, Centrus amends and restates existing warrant held by Kulayba LLC, extending term to February 5, 2024.
New Warrant covers 250,000 shares of Common Stock, exercisable immediately; exempt from registration under Section 4(a)(2).
Transfer restrictions: MB Group cannot transfer shares unless transferee agrees to same voting conditions, with exceptions for exchange sales.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CENTRUS ENERGY CORP entered into Voting Agreement with Mr. Morris Bawabeh, Kulayba LLC and M&D Bawabeh Foundation, Inc. (effective 2022-12-29).

Action: entry
Counterparty: Mr. Morris Bawabeh, Kulayba LLC and M&D Bawabeh Foundation, Inc.
Effective: 2022-12-29

Exact text from the filing

On December 29, 2022, Centrus Energy Corp. (“Centrus” or the “Company”) entered into a Voting Rights Agreement (the “Voting Agreement”) with Mr. Morris Bawabeh, Kulayba LLC and M&D Bawabeh Foundation, Inc. (collectively, the “MB Group”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CENTRUS ENERGY CORP amended Amended and Restated Warrant to Purchase Common Stock of Centrus Energy Corp. with Kulayba LLC (effective 2022-12-29).

Action: amendment
Counterparty: Kulayba LLC
Effective: 2022-12-29

Exact text from the filing

In exchange, the Company agreed to amend and restate that certain Amended and Restated Warrant to Purchase Common Stock of Centrus Energy Corp., held by Kulayba LLC and dated October 17, 2022 (the “Warrant”), to extend the term of the Warrant to February 5, 2024, subject to the other terms of the Warrant (as so amended and restated, the “New Warrant”).

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Source: SEC EDGAR

accession 0001065059-22-000043

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