$NFE

New Fortress Energy Inc. (NFE) has filed a preliminary proxy statement for its annual meeting on June 17, 2026, seeking shareholder approval for a comprehensive restructuring (Restructuring Transaction). This plan involves splitting the company into CoreCo and BrazilCo and exchanging existing debt for new term loans, convertible preferred stock, and common stock, which will result in significant dilution for current shareholders. The restructuring, backed by over 97% of NFE's creditors, aims to address liquidity and covenant issues, with failure potentially leading to in-court restructuring and no recovery for stockholders.