Altus Midstream Announces Filing of Definitive Proxy Statement and Sets Date for Stockholder Meeting to Vote on Business Combination With BCP Raptor Holdco
January 12 2022 - 4:58PM
Altus Midstream Company (Nasdaq: ALTM) today announced it has filed
its definitive proxy statement with the Securities Exchange
Commission (SEC) and established Jan. 10, 2022 as the record date
in connection with the previously announced business combination
with BCP Raptor Holdco LP (“BCP”), the parent company of EagleClaw
Midstream. The company set Feb. 10, 2022 as the stockholder meeting
date to vote on the business combination.
The definitive proxy statement contains important information
about the proposed business combination by and between Altus and
BCP. The proxy statement is available at www.sec.gov.
All stockholders of Altus are strongly encouraged to read the
definitive proxy statement carefully and in its entirety before
voting, and to vote as soon as possible in advance of the
meeting.
The business combination is expected to close in mid-February
2022, subject to Altus stockholder approval and certain other
closing conditions.
About Altus Midstream Company
Altus Midstream Company is a pure-play, Permian-to-Gulf Coast
midstream C-corporation. Through its consolidated subsidiaries,
Altus owns gas gathering, processing and transmission assets
servicing production in the Delaware Basin and owns equity
interests in four Permian-to-Gulf Coast pipelines. Altus posts
announcements, operational updates, investor information and press
releases on its website, www.altusmidstream.com.
Important Additional Information Filed with the
SEC
In connection with the proposed transaction, Altus Midstream
Company (the “Company”) has filed a proxy statement with the
Securities and Exchange Commission (“SEC”) and may file other
relevant documents with the SEC regarding the proposed transaction.
INVESTORS ARE URGED TO READ THE PROXY STATEMENT (INCLUDING ALL
AMENDMENTS AND SUPPLEMENTS THERETO) AND OTHER RELEVANT DOCUMENTS
FILED WITH THE SEC IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY
WILL CONTAIN IMPORTANT INFORMATION. You may obtain a free copy of
the proxy statement and other relevant documents filed by the
Company with the SEC at the SEC’s website at www.sec.gov. You may
also obtain the Company’s documents on its website at
www.altusmidstream.com.
Participants in the Solicitation
The Company and its directors and executive officers and other
members of management and employees may be deemed to be
participants in the solicitation of proxies in respect of the
proposed transaction. Information about the Company’s directors and
executive officers, as well as other information regarding the
participants in the proxy solicitations and a description of their
direct and indirect interests, by security holdings or otherwise,
is contained in the definitive proxy statement and other relevant
materials filed with the SEC regarding the proposed transaction.
Investors should read the definitive proxy statement carefully
before making any voting or investment decisions. You may obtain
free copies of these documents using the sources indicated
above.
Forward-looking statements
This news release includes certain statements that may
constitute “forward-looking statements” for purposes of the federal
securities laws. Forward-looking statements include, but are not
limited to, statements that refer to projections, forecasts or
other characterizations of future events or circumstances,
including any underlying assumptions. The words “anticipate,”
“believe,” “continue,” “could,” “estimate,” “expect,” “intends,”
“may,” “might,” “plan,” “seeks,” “possible,” “potential,”
“predict,” “project,” “prospects,” “guidance,” “outlook,” “should,”
“would,” “will,” and similar expressions may identify
forward-looking statements, but the absence of these words does not
mean that a statement is not forward-looking. These statements
include, but are not limited to, statements about the Company’s
ability to effect and the timing of the transactions discussed in
this news release. While forward-looking statements are based on
assumptions and analyses made by us that we believe to be
reasonable under the circumstances, whether actual results and
developments will meet our expectations and predictions depend on a
number of risks and uncertainties which could cause our actual
results, performance, and financial condition to differ materially
from our expectations. See “Risk Factors” in our Annual Report on
Form 10-K for the fiscal year ended December 31, 2020, and in our
Quarterly Reports on Form 10-Q, filed with the SEC for a discussion
of risk factors that affect our business. Any forward-looking
statement made by us in this news release speaks only as of the
date on which it is made. Factors or events that could cause our
actual results to differ may emerge from time to time, and it is
not possible for us to predict all of them. We undertake no
obligation to publicly update any forward-looking statement,
whether as a result of new information, future development or
otherwise, except as may be required by law.
Contacts
Media: |
(713) 296-7276 Alexandra Franceschi |
Investors: |
(281) 302-2286 Patrick
Cassidy |
Websites: |
www.altusmidstream.com |
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