UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-A
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FOR REGISTRATION OF CERTAIN CLASSES OF SECURITIES
PURSUANT TO SECTION 12(b) OR (g) OF
THE SECURITIES EXCHANGE ACT OF 1934
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CHESAPEAKE ENERGY CORPORATION |
(Exact name of Registrant as specified in its Charter) |
Oklahoma |
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1-13726 |
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73-1395733 |
(State or other jurisdiction of
incorporation) |
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(Commission File No.) |
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(IRS Employer Identification No.) |
6100 North Western Avenue |
Oklahoma City |
OK |
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73118 |
(Address of principal executive offices) |
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(Zip Code) |
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(405) |
848-8000 |
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(Registrant’s telephone number, including area code) |
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Securities to be registered pursuant to Section 12(b) of the
Act:
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Title of each class to be so registered |
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Name of each exchange on which
each class is to be registered |
Common Stock, $0.01 par value per share |
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The Nasdaq Stock Market LLC |
Class A Warrants to purchase Common Stock |
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The Nasdaq Stock Market LLC |
Class B Warrants to purchase Common Stock |
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The Nasdaq Stock Market LLC |
Class C Warrants to purchase Common Stock |
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The Nasdaq Stock Market LLC |
_________________
If this form relates to the registration of a class of securities
pursuant to Section 12(b) of the Exchange Act and is effective
pursuant to General Instruction A.(c) or (e), check the following
box.
If this form relates to the registration of a class of securities
pursuant to Section 12(g) of the Exchange Act and is effective
pursuant to General Instruction A.(d) or (e), check the following
box.
Securities Act registration statement file number to which this
form relates:
Not applicable
Securities to be registered pursuant to Section 12(g) of the Act:
None.
Item 1. Description of Registrant’s
Securities to be Registered.
General
As previously reported, on June 28, 2020, Chesapeake Energy
Corporation, an Oklahoma corporation (the “Company”), and certain
of its subsidiaries (collectively with the Company, the “Debtors”)
filed voluntary petitions for reorganization under Chapter 11 of
Title 11 of the United States Code (the “Bankruptcy Code”) in the
United States Bankruptcy Court for the Southern District of Texas
(the “Bankruptcy Court”). The Debtors’ Chapter 11 cases are being
jointly administered under the caption
In re Chesapeake Energy Corporation, et al.
(the “Chapter 11 Cases”). On January 12, 2021, the Debtors filed
the Fifth Amended Joint Plan of Reorganization of Chesapeake Energy
Corporation and its Debtor Affiliates Pursuant to Chapter 11 of the
Bankruptcy Code (as amended, modified or supplemented from time to
time, the “Plan”). On January 16, 2021, the Bankruptcy Court
entered an order confirming the Plan (the “Confirmation Order”), a
copy of which is filed as Exhibit 99.1 hereto. On February 9, 2021
(the “Effective Date”), the Company satisfied the conditions
specified in the Confirmation Order and the Plan became
effective.
Pursuant to the Plan, on the Effective Date, the Company created
new common stock, par value $0.01 per share (the “Common Stock”).
Pursuant to the Plan, the Company issued 97,906,968 shares of
Common Stock on the Effective Date. This registration statement
registers under Section 12(b) of the Securities Exchange Act of
1934, as amended, the Common Stock issued pursuant to the Plan. The
Company has applied to list the Common Stock on The Nasdaq Stock
Market LLC under the symbol of “CHK.”
Also on the Effective Date, the Company filed its Second Amended
and Restated Certificate of Incorporation (the “Certificate of
Incorporation”) with the Secretary of State of the State of
Oklahoma and adopted its Second Amended and Restated Bylaws (the
“Bylaws”). The following description of the Common Stock does not
purport to be complete and is subject to and qualified by the full
terms of the Certificate of Incorporation and the Bylaws, copies of
which were previously filed as Exhibits 3.1 and 3.2, respectively,
to the Company’s Current Report on Form 8-K filed with the United
States Securities and Exchange Commission (the “Commission”) on
February 9, 2021 and are hereby incorporated by reference as
Exhibits 3.1 and 3.2 to this registration statement. Additionally,
the Oklahoma General Corporation Act may contain provisions which
affect the capital stock of the Company.
Authorized Capitalization
Under the Certificate of Incorporation, the Company’s authorized
capital stock consists of 495,000,000 shares, which include
450,000,000 shares of the Common Stock and 45,000,000 shares of
preferred stock, par value $0.01 per share (the “Preferred
Stock”).
Common Stock
A description of the Common Stock is contained in the Company’s
Current Report on Form 8-K filed with the Commission on February 9,
2021, which description is incorporated herein by reference. The
description of Common Stock does not purport to be complete and is
subject to and qualified by the full terms of the Certificate of
Incorporation and the Bylaws, copies of which were previously filed
as Exhibits 3.1 and 3.2, respectively, to the Company’s Current
Report on Form 8-K filed with the Commission on February 9, 2021
and are hereby incorporated by reference as Exhibits 3.1 and 3.2 to
this registration statement.
Warrant Agreements
Pursuant to the Plan, on the Effective Date, the Company entered
into a Class A Warrant Agreement (the “Class A Warrant Agreement”),
a Class B Warrant Agreement (the “Class B Warrant Agreement”) and a
Class C Warrant Agreement (the “Class C Warrant Agreement” and,
together with the Class A Warrant Agreement and the Class B Warrant
Agreement, the “Warrant Agreements”) with EQ Shareowner
Services.
A description of the material provisions of the Warrant Agreements
is contained in the Company’s Current Report on
Form 8-K filed with the Commission on February 9, 2021,
which description is incorporated herein by reference.
The foregoing description of the Warrant Agreements does not
purport to be complete and is qualified in its entirety by
reference to the Warrant Agreements, copies of which were
previously filed as Exhibits 10.3, 10.4 and 10.5, respectively, to
the Company’s Current Report on Form 8-K filed with the Commission
on February 9, 2021 and are hereby incorporated by reference as
Exhibits 10.2, 10.3 and 10.4 to this registration
statement.
Registration Rights Agreement
Pursuant to the Plan, on the Effective Date, the Company entered
into a registration rights agreement (the “Registration Rights
Agreement”) with certain of the parties to the backstop commitment
agreement between the Company and the parties set forth
therein.
A description of the material provisions of the Registration Rights
Agreement is contained in the Company’s Current Report on
Form 8-K filed with the Commission on February 9, 2021,
which description is incorporated herein by reference.
The foregoing description of the Registration Rights Agreement does
not purport to be complete and is qualified in its entirety by
reference to the Registration Rights Agreement, a copy of which was
previously filed as Exhibit 10.2 to the Company’s Current Report on
Form 8-K filed with the Commission on February 9, 2021 and is
hereby incorporated by reference as Exhibit 10.1 to this
registration statement.
Item 2. Exhibits.
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Exhibit
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Name of Exhibit |
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Fifth Amended Joint Plan of Reorganization of Chesapeake Energy
Corporation and its Debtor Affiliates Pursuant to Chapter 11 of the
Bankruptcy Code (incorporated by reference to Exhibit A of the
Confirmation Order attached as Exhibit 99.1 hereto, filed as
Exhibit 2.1 to the Company’s Current Report on Form 8-K filed on
January 19, 2021).
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Second Amended and Restated Certificate of Incorporation of
Chesapeake Energy Corporation (incorporated by reference to Exhibit
3.1 to Chesapeake Energy Corporation’s Current Report on Form 8-K
filed on February 9, 2021).
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Second Amended and Restated Bylaws of Chesapeake Energy Corporation
(incorporated by reference to Exhibit 3.2 to Chesapeake Energy
Corporation’s Current Report on Form 8-K filed on February 9,
2021).
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Registration Rights Agreement dated as of February 9, 2021, by and
among Chesapeake Energy Corporation and the other parties signatory
thereto (incorporated by reference to Exhibit 10.2 to Chesapeake
Energy Corporation’s Current Report on Form 8-K filed on February
9, 2021).
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Class A Warrant Agreement dated as of February 9, 2021, between
Chesapeake Energy Corporation and EQ Shareowner Services
(incorporated by reference to Exhibit 10.3 to Chesapeake Energy
Corporation’s Current Report on Form 8-K filed on February 9,
2021).
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Class B Warrant Agreement dated as of February 9, 2021, between
Chesapeake Energy Corporation and EQ Shareowner Services
(incorporated by reference to Exhibit 10.4 to Chesapeake Energy
Corporation’s Current Report on Form 8-K filed on February 9,
2021).
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Class C Warrant Agreement dated as of February 9, 2021, between
Chesapeake Energy Corporation and EQ Shareowner Services
(incorporated by reference to Exhibit 10.5 to Chesapeake Energy
Corporation’s Current Report on Form 8-K filed on February 9,
2021).
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Order Confirming the Fifth Amended Joint Plan of Reorganization
(incorporated by reference to Exhibit 2.1 to Chesapeake Energy
Corporation’s Current Report on Form 8-K filed on January 19,
2021).
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SIGNATURE
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 hereunto duly
authorized.
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CHESAPEAKE ENERGY CORPORATION
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By: |
/s/ JAMES R. WEBB |
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James R. Webb
Executive Vice President – General Counsel and Corporate
Secretary |
Date: February 9, 2021