BAK Braskem SA

---

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 May, 2023

(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, May 8, 2023.

 

 

To

Securities and Exchange Commission of Brazil (CVM)

 

Attn.:       Ana Lucia da Costa Pereira

Issuer Listing & Oversight Department

B3 S.A. – Brasil, Bolsa, Balcão

 

c.c.: Securities and Exchange Commission of Brazil (CVM)

Mr. Fernando Soares Vieira – Superintendent of Company Relations

Mr. Francisco José Bastos Santos – Superintendent of Relations with the Market and Intermediaries

 

Re: Official Letter 665/2023-SLS – Braskem - Request for clarification on media report

 

Dear Sirs,

 

We refer to Official Letter 665/2023-SLS ("Official Letter"), dated May 5, 2023, in which you requested clarifications from Braskem S.A. ("Braskem" or "Company”), as transcribed below:

 

“Dear Sirs,

 

The news report published in the newspaper Valor Econômico on May 5, 2023, entitled “ADNOC of Abu Dhabi joins Apollo in proposal to buy 100% of Braskem, sources say”, mentions, among other information, that:

 

1. ADNOC and Apollo presented their plans this morning (May 5) to the creditor banks of Novonor, the parent company of Braskem;

2. the potential buyers undertook to formalize an offer to acquire 100% of the stock of the petrochemical company, paying R$47 per share.

 

We request clarifications on the above items by May 8, 2023, including your confirmation or denial, as well as any other information deemed relevant.”

 

In this regard, Braskem reinforces that it does not conduct any negotiations from its shareholders Novonor and Petrobras ("Shareholders") about the sale of its equity interests, reason why it questioned its Shareholders, who informed the following:

 

1

 

(A)

Novonor:

 

“In response to your request, Novonor informs that, since our last statements and until now, it did not receive any proposal from potential interested parties that implies a material or binding progress in its ongoing discussions with five banks holding the rights to the fiduciary sale of its indirect interest in Braskem S.A.

 

We remain at your disposal for further clarifications.”

 

 

Given the atypical oscillation of the Company's shares recorded on May 05, 2023, the clarifications sent by Novonor to the Company were timely disclosed to the market through a Material Fact on May 05, 2023, with the halting of trading in the Company's securities.

 

Furthermore, also in the context of the news published in the media regarding an eventual proposal to buy the control of Braskem, the Company received complementary information from Novonor on May 07, 2023, which was disclosed to the market by the Company through a Material Fact on May 08, 2023, as described below:

 

“Dear Sirs, we hereby inform you that, after our last message to you, we received a non-binding proposal that will be analyzed together with other interested parties. We will keep you informed in case of any significant development on the subject.”

 

(B)

Petrobras:

 

“With regard to the media reports, Petróleo Brasileiro S.A. – Petrobras informs that it is not structuring any sales operation in the private market and is not participating in the negotiations mentioned in the article.

 

Petrobras further clarifies that all actions related to its interest in Braskem require a careful analysis from the perspective of portfolio management and must be conducted in compliance with governance practices and applicable internal procedures.

 

The Company reiterates its commitment to full transparency of its divestment and portfolio management processes and clarifies that material facts will be duly disclosed to the market.”

 

 

Being what we had for the moment, we subscribe, making ourselves available for further clarifications if necessary.

 

São Paulo, May 8, 2023.

Pedro van Langendonck Teixeira de Freitas

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: May 8, 2023

	BRASKEM S.A.
	By:	/s/     Pedro van Langendonck Teixeira de Freitas
		Name:	Pedro van Langendonck Teixeira de Freitas
		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.

---