Item 8.01. Other Events.
On
The previously announced transaction with the Purchasers (the "Transaction") remains subject to the satisfaction or waiver of certain conditions, including approval of the holders of the Company's convertible debentures ("Convertible Debentures"), certain remaining regulatory approvals and third-party consents, and other customary closing conditions. As previously disclosed, the parties intend to close the Transaction without the approval of the holders of the Convertible Debentures unless a sufficient number of Convertible Debentures are voted in favor of the Transaction as currently structured. The parties are continuing to work through the steps required to do so and additional details will be provided once these steps are substantially finalized.
The Transaction has received approval from the holders of common shares of the
Company and the holders of preferred shares and medium term notes of certain of
the Company's subsidiaries. The Transaction also has received certain required
regulatory approvals, including an advance ruling certificate from the Canadian
Commissioner of Competition under the Competition Act (
Incorporated by reference is Exhibit 99.1 attached hereto, a press release
issued by the Company on
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits Exhibit Description Exhibit 99.1 Press Release ofAtlantic Power Corporation , datedApril 19, 2021 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this news release may constitute forward-looking information or forward-looking statements within the meaning of applicable securities laws (collectively, "forward-looking statements"), which reflect the expectations of management regarding the future growth, results of operations, performance and business prospects and opportunities of the Company and its projects. These statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, can generally be identified by the use of the words "plans", "expects", "does not expect", "is expected", "budget", "estimates", "forecasts", "targets", "intends", "anticipates" or "does not anticipate", "believes", "outlook", "objective", or "continue", or equivalents or variations, including negative variations, of such words and phrases, or state that certain actions, events or results, "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved. Examples of such statements in this news release include, but are not limited to, statements with respect to the closing of Transaction and the anticipated timing of any such closing of the Transaction and the parties' intentions with respect to the Convertible Debentures if the Transaction is not approved by the required percentage of holders of the Convertible Debentures.
Forward-looking statements involve significant risks and uncertainties, should
not be read as guarantees of future performance or results, and will not
necessarily be accurate indications of whether or not or the times at or by
which such performance or results will be achieved. Please refer to the factors
discussed under "Risk Factors" and "Forward-Looking Information" in the
Company's periodic reports as filed with the
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