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Core Natural Resources, Inc. Merger Report: Arch Resources Integration Insights

$CEIX
Form 8-K/A
Filed on: 2025-02-18
Source
Core Natural Resources, Inc. Merger Report: Arch Resources Integration Insights

Here are the key insights and information extracted from the provided section of the financial report for Core Natural Resources, Inc.:

  1. Company Overview:
  • Former Name: CONSOL Energy Inc.
  • Location: 275 Technology Drive, Suite 101, Canonsburg, PA 15317.
  • Contact: 724-416-8300.
  • Stock Information: Common Stock, $0.01 par value, listed on NYSE under the ticker symbol CNR.
  1. Merger Details:
  • Date of Merger Completion: January 14, 2025.
  • Transaction Type: Merger of equals with Arch Resources, Inc.
  • Merger Structure: Mountain Range Merger Sub Inc., a wholly owned subsidiary of Core Natural Resources, merged with Arch, with Arch being the surviving corporation and a wholly owned subsidiary of Core Natural Resources.
  • Agreement Date: The merger was governed by an Agreement and Plan of Merger dated August 20, 2024.
  1. Regulatory Filings:
  • The report references the filing of a Current Report on Form 8-K regarding the merger, initially filed on January 15, 2025.
  • This is an Amendment No. 1 to the Original Form 8-K, which aims to include financial statements of Arch and pro forma financial information that were previously excluded.
  • The inclusion of these financial statements and pro forma data is required for the Company's Registration Statements on Form S-8.
  1. Regulatory Compliance:
  • The amendment is filed to comply with SEC requirements under Items 9.01(a) and 9.01(b) concerning the financial disclosures associated with the merger.
  1. Impact on Financial Statements:
  • The financial statements and pro forma information will provide insight into the financial performance and position of Arch Resources, and how it will affect the combined entity's financials going forward.
  1. Unchanged Information:
  • Aside from the financial statements and pro forma information, all other details in the Original Form 8-K remain unchanged, indicating stability in the other reported information.

This merger is significant as it alters the corporate structure and financial landscape for Core Natural Resources, potentially impacting its market positioning and future financial performance.