other material
confidence high
sentiment neutral
materiality 0.50
Brookfield Renewable completes reorganization; New BEPC shares listed on NYSE Dec 30
Brookfield Renewable Corp
- On Dec 24, 2024, court-approved plan of arrangement closed; Old BEPC exchanged 1-for-1 for New BEPC shares.
- New BEPC issued ~145M shares; board and executive officers identical to Old BEPC.
- Old BEPC shares suspended from NYSE Dec 30; New BEPC shares listed under same symbol 'BEPC'.
- New BEPC is successor issuer under Rule 12g-3; old BEPC to be deregistered.