1 unchanged sentence
Market Information
−Removed: The Company’s common units (Units), Class A Common Stock, and warrants were each traded on the Nasdaq under the symbols “KAACU,” “KAAC,” and “KAACW,” respectively, prior to the closing of the Business Combination.
−Removed: In connection with the closing of the Business Combination, the Units ceased trading, and the Class A Common Stock and warrants began trading on the Nasdaq under the symbols “ALTM” and “ALTMW,” respectively.
+Added: The Company’s common units (Units), Class A Common Stock, and warrants were each traded on the Nasdaq under the symbols “KAACU,” “KAAC,” and “KAACW,” respectively, prior to the closing of the Altus Combination.
+Added: In connection with the closing of the Altus Combination, the Units ceased trading, and the Class A Common Stock and warrants began trading on the Nasdaq under the symbols “ALTM” and “ALTMW,” respectively.
The Company’s Units commenced public trading on March 30, 2017, and the Class A Common Stock and warrants commenced public trading on April 27, 2017.
8 unchanged sentences
Fourth Quarter $ 0.07 $ 0.01 $ 0.12 $ 0.01
−Removed: On January 29, 2021, the Class A Common Stock had a closing price of $47.43, and the warrants had a closing price of $0.06.
−Removed: On January 31, 2021, there were 101 holders of record of the Company’s Class A Common Stock and one holder of its Class C Common Stock.
−Removed: Altus has not paid any cash dividends on its Class A Common Stock to date.
−Removed: On December 10, 2020, the Company announced that its Board of Directors declared a cash dividend on the Company's Class A Common Stock.
−Removed: The dividend on Class A Common Stock is payable March 31, 2021, to stockholders of record on February 26, 2021, at a rate of $1.50 per share.
−Removed: Based on Altus’ current financial plan and related assumptions, the Company believes that cash from operations, a reduced capital program for its midstream infrastructure, and distributions from the Equity Method Interest Pipelines will generate cash flows in excess of capital expenditures that will provide sufficient cash to fund the Company’s planned quarterly dividend during 2021.
+Added: On January 31, 2022, the Class A Common Stock had a closing price o f $63.03, and the warrants had a closing price of $0.01.
+Added: On January 31, 2022, there were 121 ho lders of record of the Company’s Class A Common Stock and there was no Class C Common Stock outstanding.
+Added: Altus has paid cash dividends on its Class A Common Stock each quarter in 2021 at a rate of $1.50 per share.
+Added: When, and if, declared by the Company’s board of directors, future dividend payments will depend upon our level of earnings, financial requirements, and other relevant factors.
Securities Authorized for Issuance Under Equity Compensation Plans
6 unchanged sentences
The graph compares the yearly percentage change in the cumulative total stockholder return on the Company’s Class A Common Stock with the cumulative total return of both the Nasdaq Composite Index and the Alerian US Midstream Energy Index from April 30, 2017 through December 31, 2021.
−Removed: The stock performance graph and related information shall not be deemed “soliciting material” or to be “filed” with the SEC, nor shall information be incorporated by reference into any future filing under the Securities Act of 1933 or Securities Exchange Act of 1934, each as amended, except to the extent that the Company specifically incorporates it by reference into such filing.
+Added: The stock performance graph and related information shall not be deemed “soliciting material” or to be “filed” with the SEC, nor shall information be incorporated by reference into any future filing under the Securities Act or Exchange Act, each as amended, except to the extent that the Company specifically incorporates it by reference into such filing.
COMPARISON OF 56 MONTH CUMULATIVE TOTAL RETURN*
9 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.