Braskem enters 120-day court-backed debt standstill

Rhea-AI Filing Summary

Braskem S.A. (BAK) reports that the 2nd Bankruptcy and Judicial Reorganization Court of São Paulo has granted the processing of an extrajudicial reorganization proceeding for the company and certain subsidiaries. The court decision ratifies a 120-day suspension of enforcement actions and related measures by creditors subject to the proceeding, including lawsuits, bankruptcies and asset seizures, under Brazilian Law No. 11,101/05. Braskem and the affected subsidiaries have 90 days to demonstrate that the creditor quorum required to confirm the extrajudicial reorganization plan has been reached. The company states it will keep the market informed of material developments.

Positive

• None.

Negative

• Extrajudicial reorganization with 120-day stay for Braskem S.A. and certain subsidiaries has been accepted for processing by a Brazilian bankruptcy and judicial reorganization court, signaling significant financial stress and triggering a broad suspension of creditor enforcement actions for 120 days while a restructuring plan is pursued.

Key Figures

Suspension period for enforcement actions: 120 days Prior injunctive relief period included in suspension: 60 days Deadline to demonstrate creditor quorum: 90 days

3 metrics

Suspension period for enforcement actions 120 days Period during which enforcement proceedings against Braskem and certain subsidiaries are suspended

Prior injunctive relief period included in suspension 60 days Days already granted by previous injunctive relief and counted within the 120-day suspension

Deadline to demonstrate creditor quorum 90 days Time given to Braskem and certain subsidiaries to show quorum for plan confirmation

Key Terms

extrajudicial reorganization, Material Fact, statute of limitations, Bankruptcy and Judicial Reorganization Court, +1 more

5 terms

extrajudicial reorganization regulatory

"granted the processing of the extrajudicial reorganization proceeding of the Company"

Material Fact regulatory

"Braskem S.A. ... further to the Material Fact dated August 24, 2026"

Information or an event that a reasonable investor would consider important when deciding to buy, sell or hold a security; it changes the expected value, risk, or outlook of an investment. Regulators treat material facts as disclosures that companies must share publicly because they can affect market prices, similar to a key ingredient in a recipe that determines the final taste. It matters to investors because material facts can change the basis for an investment decision and move trading activity and prices.

statute of limitations regulatory

"the statute of limitations on the obligations of the reorganizing companies"

Bankruptcy and Judicial Reorganization Court regulatory

"the 2nd Bankruptcy and Judicial Reorganization Court of the Judicial District"

forward-looking statements regulatory

"This Material Fact may contain forward-looking statements."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

What did Braskem S.A. (BAK) announce in this Form 6-K?

Braskem S.A. announced that a Brazilian court has granted the processing of an extrajudicial reorganization proceeding for the company and certain subsidiaries, including a court-ordered 120-day suspension of enforcement actions by creditors covered by the proceeding.

How long are Braskem (BAK) creditor enforcement actions suspended?

Enforcement actions by creditors subject to the Braskem extrajudicial reorganization are suspended for 120 days, already considering 60 days previously granted under injunctive relief. This stay covers lawsuits, enforcement proceedings, bankruptcy petitions and various asset seizure and attachment orders.

What deadline does Braskem (BAK) face regarding the reorganization plan?

Braskem and certain subsidiaries have a period of 90 days to demonstrate that the creditor quorum required for confirmation of the extrajudicial reorganization plan has been reached, as part of the court-supervised restructuring process.

Which court is overseeing Braskem S.A.’s (BAK) extrajudicial reorganization?

The proceeding is being handled by the 2nd Bankruptcy and Judicial Reorganization Court of the Judicial District of the Capital of the State of São Paulo (2ª Vara de Falências e Recuperações Judiciais da Comarca da Capital do Estado de São Paulo).

Does this Braskem (BAK) communication include any securities offering?

No. The material fact states that it is not an offering of securities for sale in Brazil, and any public offering there would require a prospectus and appropriate registration or exemption under Brazilian securities regulations.

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Available on EDGAR 08/28/2026 - 09:29 AM Accepted by SEC EDGAR 08/28/2026 - 09:27 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16
OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of August, 2026

(Commission File No. 1-14862 )

BRASKEM S.A.

(Exact Name as Specified in its Charter)

N/A

(Translation of registrant's name into English)

Rua Eteno, 1561, Polo Petroquimico de Camacari
Camacari, Bahia - CEP 42810-000 Brazil

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ___X___       Form 40-F ______

Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1). _____

Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7). _____

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ______       No ___X___

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _____.

 

BRASKEM S.A.

Corporate Taxpayer ID (C.N.P.J.) No. 42.150.391/0001-70

State Registration (NIRE) 29300006939

Publicly-held company

MATERIAL FACT

Braskem S.A. (B3 Ticker: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Braskem” or the “Company”), further to the Material Fact dated August 24, 2026, hereby informs its shareholders and the market in general that it has filed, on this date, the 2nd Bankruptcy and Judicial Reorganization Court of the Judicial District of the Capital of the State of São Paulo (2ª Vara de Falências e Recuperações Judiciais da Comarca da Capital do Estado de São Paulo), has granted the processing of the extrajudicial reorganization proceeding of the Company and certain of its subsidiaries.

The decision ratified the suspension, for a period of 120 days (already taking into account the deduction of the 60 days granted by the decision that awarded the injunctive relief), of all ongoing enforcement proceedings against the petitioners by creditors subject to the extrajudicial reorganization: (i) the statute of limitations on the obligations of the reorganizing companies; (ii) the lawsuits and enforcement proceedings filed against the reorganizing companies, or any other proceeding related to the covered claims, including bankruptcy petitions; and (iii) the orders of retention, attachment, seizure, sequestration, search and seizure, and judicial or extrajudicial constriction over the assets, pursuant to Paragraph 8 of Article 163 in conjunction with Article 6, both of Law No. 11,101/05.

The Company and certain of its subsidiaries will have a period of 90 days to demonstrate that the quorum required for the confirmation of the extrajudicial reorganization plan has been reached. The full text of the decision will be made available on the Company's investor relations website and on the websites of the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários – CVM) and B3 S.A. – Brasil, Bolsa e Balcão.

The Company will keep the market informed about any material developments on the matter, in compliance with applicable legislation.

Additional information may be obtained from the Investor Relations Department by telephone at +55 (11) 3576-9531 or by e-mail at braskem-ri@braskem.com.br.

São Paulo, August 28, 2026.

Carlos Augusto Machado Pereira de Almeida Brandão

Chief Financial and Investor Relations Officer

Braskem S.A.

1 

SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: August 28, 2026

	BRASKEM S.A.
	By:	/s/     Carlos Augusto Machado Pereira de Almeida Brandão
		Name:	Carlos Augusto Machado Pereira de Almeida Brandão
		Title:	Chief Financial Officer

FORWARD-LOOKING STATEMENTS

This Material Fact may contain forward-looking statements. These statements are not historical facts and are based on the Company's management's current view and estimates of future economic and other circumstances, industry conditions, financial performance and results, including any potential or projected impact of the geological event in Alagoas and related legal proceedings on the Company's business, financial condition and results of operations. The words "anticipates", "believes", "estimates", "expects", "plans", "objective" and other similar expressions, when referring to the Company, are intended to identify forward-looking statements. Statements regarding the possible outcome of legal and administrative proceedings, implementation of operating and financing strategies and investment plans, guidance for future operations, the objective of expanding its efforts to achieve the macro sustainable objectives disclosed by the Company, as well as factors or trends affecting the Company's financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of the Company's management and are subject to a number of risks and uncertainties, many of which are beyond the Company's control. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on a number of assumptions and factors, including, but not limited to, general economic and market conditions, industry conditions, operating factors, availability, development and affordability of new technologies. Any change in such assumptions or factors, including the projected impact of the geological event in Alagoas and related legal proceedings and the unprecedented impact on the Company's business, employees, contractors, shareholders, investors and other stakeholders, could cause actual results to differ materially from current expectations. Please refer to the reports filed with the Brazilian Securities and Exchange Commission (CVM), in particular the factors discussed in the sections for a full discussion of the risks and other factors that may impact any forward-looking statements contained herein. This Material Fact is not an offering of securities for sale in Brazil, any securities may not be offered or sold in Brazil without registration or exemption from registration, any public offering of securities to be made in Brazil will be prepared by means of a prospectus that may be obtained from Braskem and which will contain detailed information about Braskem and the management, as well as the financial statements.