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Court grants Braskem (NYSE: BAK) 60-day pause on certain creditor claims

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Braskem S.A. reports that a Judicial Reorganization Court in São Paulo has granted precautionary injunctive relief in favor of the company and certain subsidiaries. The decision orders a stay of enforcement actions and asset attachments by invited financial creditors participating in a mediation process, for a period of 60 days.

The company stresses that this court protection and the related mediation are limited to strictly financial matters. Obligations to suppliers, customers and other stakeholders remain fully in force and are being performed in the ordinary course under existing agreements. Braskem will disclose the full decision text once available and plans to keep the market updated on further developments.

Positive

  • None.

Negative

  • Court-backed creditor standstill highlights financial stress – A Judicial Reorganization Court granted precautionary injunctive relief, staying enforcement and attachment actions by certain financial creditors for 60 days, indicating elevated financing and liquidity pressure.

Insights

Court-ordered 60-day stay signals creditor pressure but remains narrowly focused on financial claims.

The decision grants Braskem and certain subsidiaries temporary protection from enforcement actions and attachments by financial creditors invited to mediation. This type of precautionary injunctive relief is often used to create breathing room for structured negotiations with creditors under court oversight.

Importantly, Braskem states the measure is strictly financial and does not affect obligations to suppliers, customers or other stakeholders, which continue in the ordinary course. This helps limit immediate operational disruption while mediation proceeds. The overall impact will depend on how talks with invited creditors evolve during the 60-day stay period and any subsequent court decisions.

Stay period for creditor actions 60 days Duration of court-ordered stay on enforcement and attachments
Precautionary Injunctive Relief regulatory
"within the scope of the Precautionary Injunctive Relief proceeding (Tutela de Urgência Cautelar)"
Judicial Reorganization Court regulatory
"the 2nd Bankruptcy and Judicial Reorganization Court of the Judicial District"
Mediation financial
"mediation proceeding initiated by the Company and certain of its subsidiaries before the Wind Mediation Chamber"
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.
geological event in Alagoas other
"including any potential or projected impact regarding the geological event in Alagoas and related legal procedures"
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FAQ

What did the São Paulo court decide regarding Braskem (BAK)?

A Judicial Reorganization Court granted precautionary injunctive relief to Braskem and certain subsidiaries. It ordered a temporary stay of enforcement actions and asset attachments by invited financial creditors participating in a mediation process, giving the company a 60-day window to negotiate under court protection.

How long will Braskem’s enforcement actions be stayed under this decision?

The court ordered that enforcement actions and attachments by invited financial creditors be stayed for 60 days. This time-limited protection is intended to support the mediation process initiated by Braskem and certain subsidiaries, without altering their obligations to suppliers, customers and other stakeholders in normal operations.

Which Braskem obligations are affected by the injunctive relief and mediation?

Braskem states that the precautionary injunctive relief and mediation have a strictly financial scope. They cover enforcement by invited creditors, but do not encompass obligations to suppliers, customers or other stakeholders, which the company says remain fully in force and continue to be performed in the ordinary course.

What is the purpose of Braskem’s mediation before the Wind Mediation Chamber?

Braskem and certain subsidiaries initiated mediation before the Wind Mediation Chamber with invited financial creditors. The court’s 60-day stay supports this process, aiming to facilitate structured negotiations on financial matters while routine commercial relationships and contracts remain unaffected, according to the company’s statement.

Will Braskem provide more details about the court’s injunctive decision?

Braskem plans to make the full text of the injunctive decision available once disclosed. It will be accessible at the company’s headquarters, on its investor relations website, and in the CVM Empresas.NET system. The company also commits to updating the market on material developments.

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 June, 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. ("Braskem" or "Company") (Ticker B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), further to the Material Facts disclosed on June 25, 2026 and September 26, 2025, hereby informs its shareholders and the market in general that, 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), within the scope of the Precautionary Injunctive Relief proceeding (Tutela de Urgência Cautelar) ("Injunctive Relief"), filed by the Company and certain of its subsidiaries pursuant to Article 20-B, §1, of Law No. 11,101/2005, has granted the requests, among other measures, order the stay of all enforcement actions and attachments by creditors that have been invited to participate in the mediation proceeding initiated by the Company and certain of its subsidiaries before the Wind Mediation Chamber (Câmara Wind de Mediação) ("Mediation"), with such stay remaining in effect for a period of 60 days.

Braskem reiterates that the Injunctive Relief and the Mediation have a limited scope, strictly financial, and do not encompass any obligations of the Company and its subsidiaries with their suppliers, customers, and other stakeholders, which remain in full force and effect and continue to be performed in the ordinary course, pursuant to the terms of the respective agreements.

The full text of the Injunctive Relief decision will be made available to the Company's shareholders, upon its disclosure, at the Company's headquarters, on its website (https://braskem-ri.com.br), as well as on the IPE Module of CVM's Empresas.NET System (Módulo IPE do Sistema Empresas.NET da CVM) (www.cvm.gov.br).

The Company will keep the market informed of any material developments on this matter, in compliance with applicable laws and regulations.

 
 1
 

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, June 26, 2026

Carlos Augusto Machado Pereira de Almeida Brandão

Chief Financial and Investor Relations Officer

Braskem S.A.

 

 

 
 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: June 26, 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, but rather are based on the current view and estimates of the Company's management regarding future economic and other circumstances, industry conditions, financial performance and results, including any potential or projected impact regarding the geological event in Alagoas and related legal procedures on the Company's business, financial condition and operating results. The words "project," "believe," "estimate," "expect," "plan", "objective" and other similar expressions, when referring to the Company, are used to identify forward-looking statements. Statements related to the possible outcome of legal and administrative proceedings, implementation of operational and financing strategies and investment plans, guidance on future operations, the objective of expanding its efforts to achieve the sustainable macro objectives disclosed by the Company, as well as factors or trends that affect the financial condition, liquidity or operating results of the Company are examples of forward-looking statements. Such statements reflect the current views of the Company's management and are subject to various risks and uncertainties, many of which are beyond the Company's control. There is no guarantee that the events, trends or expected results will actually occur. The statements are based on various assumptions and factors, including, but not limited to, general economic and market conditions, industry conditions and operating factors, availability, development and financial access to new technologies. Any change in these assumptions or factors, including the projected impact from the joint venture and its development of technologies, from the geological event in Alagoas and related legal procedures and the unprecedented impact on businesses, employees, service providers, shareholders, investors and other stakeholders of the Company could cause effective results to differ significantly from current expectations. For a comprehensive description of the risks and other factors that could impact any forward-looking statements in this document, especially the factors discussed in the sections, see the reports filed with the Brazilian Securities and Exchange Commission (CVM). This Material Fact does not constitute any offer of securities for sale in Brazil. No securities may be offered or sold in Brazil without being registered or exempted from registration, and any public offer of securities carried out in Brazil must be made through a prospectus, which would be made available by Braskem and contain detailed information on Braskem and its management, as well as its financial statements.