Enbridge Inc. Files 8-K Report
Ticker: ENNPF · Form: 8-K · Filed: May 15, 2024 · CIK: 895728
Sentiment: neutral
Topics: sec-filing, regulatory-update
Related Tickers: ENB
TL;DR
ENBRIDGE FILES STANDARD 8-K, NO MAJOR NEWS.
AI Summary
Enbridge Inc. filed an 8-K on May 15, 2024, reporting "Other Events" and "Financial Statements and Exhibits." The filing does not contain specific details about new transactions, financial results, or material events beyond the standard reporting requirements.
Why It Matters
This 8-K filing indicates Enbridge Inc. is fulfilling its regulatory reporting obligations with the SEC, which is standard practice for publicly traded companies.
Risk Assessment
Risk Level: low — The filing is a routine 8-K report and does not disclose any new material events, risks, or financial changes.
Key Players & Entities
- ENBRIDGE INC. (company) — Registrant
- May 15, 2024 (date) — Date of earliest event reported
- 001-15254 (company) — Commission File Number
- 98-0377957 (company) — IRS Employer Identification No.
- 200 , 425 - 1st Street S.W. Calgary , Alberta , Canada T2P 3L8 (address) — Address of Principal Executive Offices
- 1 - 403 - 231-3900 (phone_number) — Registrant's telephone number
FAQ
What is the primary purpose of this 8-K filing by Enbridge Inc.?
The primary purpose of this 8-K filing is to report "Other Events" and "Financial Statements and Exhibits" as of May 15, 2024, fulfilling Enbridge Inc.'s current reporting obligations to the SEC.
What specific "Other Events" are detailed in this filing?
The filing lists "Other Events" as an item information category but does not provide specific details about any particular events within the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing is dated May 15, 2024.
What is Enbridge Inc.'s Commission File Number?
Enbridge Inc.'s Commission File Number is 001-15254.
Where are Enbridge Inc.'s principal executive offices located?
Enbridge Inc.'s principal executive offices are located at 200, 425 - 1st Street S.W. Calgary, Alberta, Canada T2P 3L8.
Filing Stats: 1,100 words · 4 min read · ~4 pages · Grade level 11.9 · Accepted 2024-05-15 17:23:46
Key Financial Figures
- $2,750,000,000 — p to an aggregate offering price of CAD $2,750,000,000 of its common shares (the "Common Share
Filing Documents
- tm2414099d2_8k.htm (8-K) — 36KB
- tm2414099d2_ex1-1.htm (EX-1.1) — 286KB
- tm2414099d2_ex5-1.htm (EX-5.1) — 16KB
- tm24140999d2_8kimg001.jpg (GRAPHIC) — 4KB
- tm2414099d2_ex5-1img001.jpg (GRAPHIC) — 15KB
- 0001104659-24-062069.txt ( ) — 606KB
- enb-20240515.xsd (EX-101.SCH) — 3KB
- enb-20240515_lab.xml (EX-101.LAB) — 33KB
- enb-20240515_pre.xml (EX-101.PRE) — 22KB
- tm2414099d2_8k_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events. On May 15, 2024, Enbridge Inc. (the "Corporation") entered into an Equity Distribution Agreement (the "Equity Distribution Agreement") with BMO Capital Markets Corp., BMO Nesbitt Burns Inc. and the other agents named therein (the "Agents") pursuant to which the Corporation may sell, from time to time, up to an aggregate offering price of CAD $2,750,000,000 of its common shares (the "Common Shares") (or the equivalent in U.S. dollars determined using the exchange rate posted by Thomson Reuters on each date Common Shares are sold) in an "at-the-market" equity offering program through the Agents. Sales of the Common Shares made pursuant to the Equity Distribution Agreement, if any, may be made byany methods permitted by law, including (i) by means of ordinary brokers' transactions onor through the New York Stock Exchange or the Toronto Stock Exchange or any other marketplace in the United States or Canada where the Common Shares may be traded,(ii) in block transactions, (iii) as otherwise agreed to among the relevant parties or (iv) by means of any other existing trading market for the Common Shares or to or through a market maker other than on an exchange. Under the Equity Distribution Agreement, the Corporation may also sell Common Shares to the Agents as principals for their own accounts, at a price to be agreed upon at the time of sale.If the Corporation sells Common Shares to the Agents as principals, the Corporation will enter into a separate terms agreement with the Agents, and, to the extent required by applicable law, the Corporation will describe the agreement and the rate of compensation in a separate prospectus supplement. Actual sales will depend on a variety of factors to be determined by the Corporation from time to time, including (among others) market conditions, the trading price of the Common Shares, capital needs and determinations by the Corporation of the appropriate sources of funding for the Corporation. The Equity Di
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Exhibit Description 1 .1 Equity Distribution Agreement, dated May 15, 2024, by and between Enbridge Inc. and BMO Nesbitt Burns Inc., BMO Capital Markets Corp. and the other agents named therein. 5.1 Opinion of McCarthy Ttrault LLP. 23.1 Consent of McCarthy Ttrault LLP (included in Exhibit 5.1). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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. ENBRIDGE INC. (Registrant) Date: May 15, 2024 By: /s/ Karen K.L. Uehara Karen K.L. Uehara Vice President, Corporate & Corporate Secretary (Duly Authorized Officer)