Capital Clean Energy Carriers Corp. Completes Corporate Conversion
Ticker: CCEC · Form: 6-K · Filed: Aug 26, 2024 · CIK: 1392326
| Field | Detail |
|---|---|
| Company | Capital Clean Energy Carriers CORP. (CCEC) |
| Form Type | 6-K |
| Filed Date | Aug 26, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-structure, conversion
TL;DR
Capital Clean Energy Carriers Corp. is now a corporation, not a partnership, as of Aug 26, 2024.
AI Summary
On August 26, 2024, Capital Clean Energy Carriers Corp. announced the completion of its conversion from a Marshall Islands limited partnership to a Marshall Islands corporation. This conversion was executed in accordance with a Plan of Conversion, marking a significant corporate restructuring for the company.
Why It Matters
This corporate conversion can impact the company's governance structure, tax implications, and how it issues securities, potentially affecting investor relations and operational flexibility.
Risk Assessment
Risk Level: low — The filing reports a standard corporate structure change with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- Capital Clean Energy Carriers Corp. (company) — Registrant
- August 26, 2024 (date) — Effective Date of Conversion
- Marshall Islands (jurisdiction) — Company Domicile
FAQ
What was the effective date of Capital Clean Energy Carriers Corp.'s corporate conversion?
The effective date of the conversion was August 26, 2024.
What type of entity was Capital Clean Energy Carriers Corp. before the conversion?
Before the conversion, Capital Clean Energy Carriers Corp. was a Marshall Islands limited partnership.
What type of entity is Capital Clean Energy Carriers Corp. after the conversion?
After the conversion, Capital Clean Energy Carriers Corp. is a Marshall Islands corporation.
Under what plan was the conversion executed?
The conversion was executed in accordance with a Plan of Conversion.
What is the principal executive office address of Capital Clean Energy Carriers Corp.?
The principal executive office is located at 3 Iasonos Street, Piraeus, 18537, Greece.
Filing Stats: 1,099 words · 4 min read · ~4 pages · Grade level 11.3 · Accepted 2024-08-26 09:08:26
Key Financial Figures
- $0.01 — d into one common share, with par value $0.01 per share, of the Corporation ( Common
Filing Documents
- d859782d6k.htm (6-K) — 20KB
- d859782dex991.htm (EX-99.1) — 8KB
- d859782dex992.htm (EX-99.2) — 56KB
- d859782dex993.htm (EX-99.3) — 106KB
- d859782dex994.htm (EX-99.4) — 63KB
- d859782dex995.htm (EX-99.5) — 135KB
- d859782dex996.htm (EX-99.6) — 21KB
- d859782dex997.htm (EX-99.7) — 67KB
- d859782dex998.htm (EX-99.8) — 29KB
- d859782dex999.htm (EX-99.9) — 59KB
- d859782dex9910.htm (EX-99.10) — 11KB
- g859782g0823213645704.jpg (GRAPHIC) — 7KB
- 0001193125-24-206723.txt ( ) — 586KB
Description of Capital Stock and Risk Factors
Description of Capital Stock and Risk Factors A Description of Capital Stock summarizing the material terms of the Corporations capital stock as of the date hereof is set forth in Exhibit 99.8. This summary is not a complete description of the terms of the Corporations capital stock and is qualified by reference to the Corporations Articles of Incorporation and Bylaws, each filed herewith, as well as applicable provisions of the MIBCA. The risk factors set forth in Exhibit 99.9 are being filed for the purpose of modifying and supplementing certain of the risk factors disclosed under the heading Item 3.D. Risk FactorsRisks Inherent in an Investment in Us included in the Partnerships Annual Report on Form 20-F for the fiscal year ended December 31, 2023, filed with the SEC on April 23, 2024, and should be read in conjunction with the disclosures contained therein. Press Release A copy of the press release announcing the completion of the Conversion is attached as Exhibit 99.10 hereto. Exhibits Number Description 99.1 Certificate of Conversion 99.2 Articles of Incorporation of Capital Clean Energy Carriers Corp. 99.3 Bylaws of Capital Clean Energy Carriers Corp. 99.4 Shareholders Agreement by and among Capital Clean Energy Carriers Corp. and Capital Maritime & Trading Corp., Capital Gas Corp. and Capital GP L.L.C. 99.5 Registration Rights Agreement by and among Capital Clean Energy Corp., Capital Maritime & Trading Corp., Capital Gas Corp., Capital GP L.L.C., Paparebecorp Limited and Ascetico Limited 99.6 Executive Services Agreement by and between Capital Clean Energy Carriers Corp. and Capital GP L.L.C. 99.7 Amended and Restated Omnibus Incentive Compensation Plan of Capital Clean Energy Carriers Corp. 99.8
Description of Capital Stock
Description of Capital Stock 99.10 Press Release Announcing the Conversion
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Dated: August 26, 2024 CAPITAL CLEAN ENERGY CARRIERS CORP. /s/ Gerasimos (Jerry) Kalogiratos Name: Gerasimos (Jerry) Kalogiratos Title: Chief Executive Officer