AI English summary of an SEC filing — figures as filed
The company said EnLink unitholders approved January 30, 2025 ONEOK's acquisition of the remaining publicly held EnLink common units.
Key points
AI summaryThe company said EnLink unitholders approved January 30, 2025 ONEOK's acquisition of the remaining publicly held EnLink common units.
The company said that, according to preliminary results of the EnLink Special Meeting of Unitholders, about 99.8% of the voted common units, or 379.1 million units, were cast in favor, which the company said equals 82.9% of outstanding units.
The company said the acquisition is expected to close on January 31, 2025, and that EnLink common units are expected to cease trading on the New York Stock Exchange before market open on January 31.
The company said that, as previously announced, upon completion of the acquisition, each of the 1 outstanding EnLink common units not owned by ONEOK will be converted into 0.1412 shares of ONEOK common stock. It also said EnLink will disclose the final vote results on Form 8-K.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
EnLink Unitholders Approve ONEOK Acquisition of Remaining Public Units
The company said EnLink unitholders approved January 30, 2025 ONEOK's acquisition of the remaining publicly held EnLink common units.
Source · Based on the filing body and exhibits
Preliminary Vote Results: 99.8% in Favor
The company said that, according to preliminary results of the EnLink Special Meeting of Unitholders, about 99.8% of the voted common units, or 379.1 million units, were cast in favor, which the company said equals 82.9% of outstanding units.
Source · Based on the filing body and exhibits
Expected Closing Date and NYSE Trading Cessation
The company said the acquisition is expected to close on January 31, 2025, and that EnLink common units are expected to cease trading on the New York Stock Exchange before market open on January 31.
Source · Based on the filing body and exhibits
Each EnLink Unit to Convert into 0.1412 ONEOK Shares
The company said that, as previously announced, upon completion of the acquisition, each of the 1 outstanding EnLink common units not owned by ONEOK will be converted into 0.1412 shares of ONEOK common stock. It also said EnLink will disclose the final vote results on Form 8-K.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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