8-KItem 1.01 · Material AgreementItem 2.01 · Acquisition/DispositionItem 2.03 · Financial ObligationItem 3.02 · Unregistered Equity SalesItem 5.02 · Officer/Director ChangeItem 7.01 · Reg FD DisclosureItem 9.01 · Financial Statements
On Jan 7, 2026 Constellation/CEG Parent closed the transaction — Calpine is now a wholly owned subsidiary…
Filed with the SEC on · Summarized by InvestorsBot
On Jan 7, 2026 Constellation/CEG Parent closed the transaction — Calpine is now a wholly owned subsidiary after a Jan 2 reorg and Jan 5 conversion to a DE LLC. ✅ $CEG #Mergers #Energy
Consideration: 50,000,000 newly issued CEG Parent shares + $4.50B cash (minus Company Expenses). Former Calpine holders received ~13.8% of CEG Parent common stock (as of 1/6/2026). 💵 $CEG #M&A #Energy
At the First Effective Time, outstanding Calpine RSUs fully vested, were cancelled and converted into rights to receive per‑share cash and stock consideration; fractional‑share cashouts and unpaid dividend equivalents paid in cash (taxes withheld). 🔁 $CEG #Equity #Compensation