M&A: Brookfield Infrastructure Corp

Form Type: 8-K12B

Filing Date: 2024-12-27

Corporate Action: Merger

Type: New

Accession Number: 000119312524285917

Comments: On December 24, 2024, Brookfield Infrastructure Corporation, previously known as 1505109 B.C. Ltd., completed a court-approved plan of arrangement under the Business Corporations Act of British Columbia. This arrangement involved the exchange of shares whereby holders of the previous Brookfield Infrastructure Corporation (Old BIPC) received new shares (New BIPC) on a one-for-one basis, resulting in the issuance of approximately 119 million New BIPC Shares. Following this reorganization, New BIPC became a successor issuer and will now file periodic reports under the U.S. Securities Exchange Act. The Old BIPC Shares were listed on the Toronto Stock Exchange and will be suspended from trading on the New York Stock Exchange on December 30, 2024, with New BIPC Shares commencing trading under the same symbol. The transition ensures continuity in governance, as the initial board and executive officers of New BIPC will mirror those of Old BIPC, ensuring a seamless transition post-merger.

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