Braskem (NYSE: BAK) reviews creditor options as shareholders weigh São Paulo move
Rhea-AI Filing Summary
Braskem S.A. filed a Form 6-K to clarify Brazilian regulator questions about a news article suggesting an imminent out-of-court restructuring and a move of its legal domicile from Salvador to São Paulo. The company explains it is still working on a comprehensive review of economic and financial alternatives to optimize its capital structure, including assessing potential creditor protection measures, but states that no decision has been taken on which alternative or combination of alternatives will be implemented. Braskem also notes that a proposal to change its legal venue to São Paulo is already scheduled for shareholder approval at an Extraordinary General Meeting on April 27, 2026, with the rationale detailed in previously released materials.
Positive
- None.
Negative
- None.
Insights
Braskem acknowledges exploring creditor protection options but denies any finalized restructuring decision.
Braskem indicates it is conducting a broad assessment of economic and financial alternatives to optimize its capital structure, explicitly including potential creditor protection measures. This confirms active contingency planning but stops short of announcing any formal restructuring process or chosen path.
The company also has a proposal to move its legal domicile from Salvador to São Paulo, to be voted at an Extraordinary General Meeting on April 27, 2026. While the rationale is disclosed elsewhere, the combination of venue change and capital-structure review may be relevant for creditors and shareholders, though actual impact depends on future decisions not yet taken.
Key Figures
Key Terms
Out-of-Court Restructuring financial
capital structure financial
Extraordinary General Meeting financial
creditor protection measures financial
forward-looking statements regulatory
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 April, 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- _____.
São Paulo, April 7, 2026.
To
Securities and Exchange Commission of Brazil (CVM)
Superintendence of Corporate Relations
Company Monitoring Management 1
At.: Nilza Maria Silva de Oliveira
Manager
Maria Luisa Azevedo Wernesbach
Federal Capital Market Inspector
C/C: Listing and Issuer Supervision Superintendence of B3 S.A. – Brasil, Bolsa, Balcão
E-mails: emissores@b3.com.br; diane.freo@b3.com.br
Ref.: Request for clarification regarding news – CVM Proceeding No. 19957.004980/2026-96
Dear Sirs,
In response to Official Letter No. 135/2026/CVM/SEP/GEA-1 (“Official Letter”), attached to this reply, Braskem S.A. (“Braskem” or the “Company”) presents the following clarifications regarding the news item published on April 5, 2026, in Lauro Jardim’s column of the newspaper O Globo, under the title: “On the verge of filing for Out-of-Court Restructuring, Braskem seeks distance from the Bahia Judiciary”, which contains the following statements:
“Braskem is preparing to file for an Out-of-Court Restructuring. That is hardly surprising given the company’s level of indebtedness.
Before that, however, one important step: it will change the company’s legal domicile from Salvador to São Paulo.”
As disclosed by the Company in the Notice to the Market released on April 2, 2026, the work is still ongoing on a comprehensive diagnosis of economic and financial alternatives aimed at optimizing its capital structure, as disclosed in the Material Fact dated September 26, 2025. In the course of this work, the Company and its advisors are assessing different alternatives to address the matter, including potential creditor protection measures. Nevertheless, we clarify that, as of this date, there is no decision regarding which alternative (or set of alternatives) will be implemented.
1
The proposal to change the Company’s legal venue will be submitted for approval by the shareholders at the Extraordinary General Meeting, as informed on the Call Notice released on March 26, 2026, to be held on April 27, 2026 (“EGM”). The rationale for such proposal is public and known by the shareholders and the market and is set forth in the Management Proposal for the EGM, filed with the CVM’s IPE System and published on the Company’s Investor Relations website on March 25, 2026.
Provided the clarifications regarding the matter, we remain available to provide any additional clarifications.
Sincerely,
Felipe Montoro Jens
Chief Financial and Investor Relations Officer
2
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: April 7, 2026
| BRASKEM S.A. | |||
| By: | /s/ Felipe Montoro Jens | ||
| Name: | Felipe Montoro Jens | ||
| Title: | Chief Financial Officer | ||
DISCLAIMER ON FORWARD-LOOKING STATEMENTS
This report on Form 6-K may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are statements that are not historical facts, and are based on our management’s current view and estimates of future economic and other circumstances, industry conditions, company performance and financial results, including any potential or projected impact of the geological event in Alagoas and related legal proceedings and of COVID-19 on our business, financial condition and operating results. The words “anticipates,” “believes,” “estimates,” “expects,” “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the potential outcome of legal and administrative proceedings, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting our financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of our management and are subject to a number of risks and uncertainties, many of which are outside of the our control. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors, including the projected impact of the geological event in Alagoas and related legal proceedings and the unprecedented impact of COVID-19 pandemic on our business, employees, service providers, stockholders, investors and other stakeholders, could cause actual results to differ materially from current expectations. Please refer to our annual report on Form 20-F for the year ended December 31, 2019 filed with the SEC, as well as any subsequent filings made by us pursuant to the Exchange Act, each of which is available on the SEC’s website (www.sec.gov), for a full discussion of the risks and other factors that may impact any forward-looking statements in this presentation.