The company said it delivered written notice to Equitrans on June 25, 2024 exercising its right under Section 5.19 of the Merger Agreement. The notice requires Equitrans to purchase and redeem all Series A Perpetual Convertible Preferred Shares before the Merger closes.

1. 01

   The company said it delivered written notice to Equitrans on June 25, 2024 exercising its right under Section 5.19 of the Merger Agreement. The notice requires Equitrans to purchase and redeem all Series A Perpetual Convertible Preferred Shares before the Merger closes.

2. 02

   The company said Equitrans has no obligation to purchase and redeem the Equitrans Preferred Shares under Section 5.19 of the Merger Agreement unless EQT has deposited sufficient funds for the purchase and redemption.

3. 03

   The company said it entered into a Merger Agreement with Equitrans Midstream Corporation on March 10, 2024, together with Humpty Merger Sub Inc. and Humpty Merger Sub LLC. In the First Merger, Merger Sub will merge into Equitrans, and in the Second Merger, the First Step Surviving Corporation will merge into LLC Sub, which will survive as an indirect wholly owned subsidiary of EQT.

4. 04

   The company said the Form S-4 registration statement it filed with the SEC in connection with the Merger was declared effective by the SEC on June 4, 2024. EQT and Equitrans began mailing the joint proxy statement/prospectus to their respective shareholders on or about June 5, 2024.

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Original filing

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