10-Q/A 1 hifr-10qa_20180930.htm HIFR-Q3-10Q/A-20180930 hifr-10qa_20180930.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-Q/A

(Amendment No. 1)

 

(Mark One)

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2018

or

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ___________ to ___________

Commission file number: 001-36822

 

InfraREIT, Inc.

(Exact name of Registrant as specified in its charter)

 

 

Maryland

 

75-2952822

(State or Other Jurisdiction of

Incorporation or Organization)

 

(I.R.S. Employer

Identification Number)

 

1900 North Akard Street

Dallas, Texas 75201

 

75201

(Address of Principal Executive Offices)

 

(Zip Code)

(214) 855-6700

(Registrant’s Telephone Number, Including Area Code)

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes      No  

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).    Yes      No  

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer

 

  

Accelerated filer

 

Non-accelerated filer

 

  

Smaller reporting company

 

Emerging growth company

 

 

 

 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).    Yes      No  

As of October 29, 2018, 43,962,167 shares of common stock were issued and outstanding.

 

 

 

 

 


 

EXPLANATORY NOTE

InfraREIT, Inc. (the Company) is filing this Amendment No. 1 on Form 10-Q/A (Amended Filing) to amend its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2018 filed with the U.S. Securities and Exchange Commission (SEC) on November 1, 2018 (Original Filing). This Amended Filing is being filed solely to include the consolidated financial statements of Sharyland Utilities, L.P. (Sharyland), the Company’s sole tenant, in Item 6 of Part II. Because the Company’s assets are leased to Sharyland under triple-net leases that transfer substantially all operating costs to Sharyland, financial information about Sharyland may be relevant to investors. Sharyland’s financial statements were provided to the Company by Sharyland, and the Company did not participate in their preparation or review.

Item 6 of Part II is the only portion of the Original Filing being amended by this Amended Filing. Accordingly, except as described above and specifically noted in the exhibit list below, this Amended Filing does not otherwise update any exhibits as originally filed and does not, and does not purport to, update or restate the information in any other Item of the Original Filing or otherwise reflect events that occurred after the filing date of the Original Filing.

 

PART II.  OTHER INFORMATION

Item 6.

Exhibits

 

Exhibit
Number

 

 

 

Description

 

 

 

 

 

2.1*

 

 

Agreement and Plan of Merger, dated as of October 18, 2018, among Oncor Electric Delivery Company LLC, 1912 Merger Sub LLC, Oncor T&D Partners, LP, InfraREIT, Inc. and InfraREIT Partners, LP (filed as exhibit 2.1 to the Company’s Current Report on Form 8-K dated October 18, 2018 and filed October 18, 2018 and incorporated herein by reference).

 

 

 

 

 

2.2*

 

 

Agreement and Plan of Merger, dated as of October 18, 2018, among Sharyland Utilities, L.P., Sharyland Distribution & Transmission Services, L.L.C., and Oncor Electric Delivery Company LLC (filed as exhibit 2.2 to the Company’s Current Report on Form 8-K dated October 18, 2018 and filed October 18, 2018 and incorporated herein by reference).

 

 

 

 

 

3.1

 

 

Articles of Restatement of the Registrant (filed as exhibit 3.3 to the Company’s Current Report on Form 8-K dated March 9, 2015 and filed March 10, 2015 and incorporated herein by reference).

 

 

 

 

 

3.2

 

 

Amended and Restated Bylaws of the Registrant (filed as exhibit 3.5 to Amendment No. 1 to the Company’s Registration Statement on Form S-11 filed December 31, 2014 and incorporated herein by reference).

 

 

 

 

 

10.1

 

 

Omnibus Termination Agreement, dated as of October 18, 2018, among InfraREIT, Inc., InfraREIT Partners, LP, Sharyland Distribution & Transmission Services, L.L.C., Hunt Consolidated, Inc., Hunt Transmission Services, L.L.C., Electricity Participant Partnership. L.L.C., Hunt Utility Services, LLC and Sharyland Utilities, L.P. (filed as exhibit 10.1 to the Company’s Current Report on Form 8-K dated October 18, 2018 and filed October 18, 2018 and incorporated herein by reference).

 

 

 

 

 

31.1**

 

 

Rule 13A-14(a)/15d-14(a) Certification of Chief Executive Officer

 

 

 

 

 

31.2**

 

 

Rule 13A-14(a)/15d-14(a) Certification of Chief Financial Officer

 

 

 

 

 

31.3***

 

 

Rule 13A-14(a)/15d-14(a) Certification of Chief Executive Officer

 

 

 

 

 

31.4***

 

 

Rule 13A-14(a)/15d-14(a) Certification of Chief Financial Officer

 

 

 

 

 

32.1**

 

 

Section 1350 Certification of Chief Executive Officer

 

 

 

 

 

32.2**

 

 

Section 1350 Certification of Chief Financial Officer

 

 

 

 

 

32.3***

 

 

Section 1350 Certification of Chief Executive Officer

 

 

 

 

 

32.4***

 

 

Section 1350 Certification of Chief Financial Officer

 

 

 

 

 

99.1***

 

 

Consolidated Financial Statements of Sharyland Utilities, L.P.

 

 

 

 

 

99.2***

 

 

Supplemental Financial Information of Sharyland Utilities, L.P.

 

 

 

 

 

101.INS**

 

 

XBRL Instance Document

 

 

 

 

 

101.SCH**

 

 

XBRL Taxonomy Extension Schema Document

2


 

Exhibit
Number

 

 

 

Description

 

 

 

 

 

101.CAL**

 

 

XBRL Taxonomy Extension Calculation Linkbase Document

 

 

 

 

 

101.DEF**

 

 

XBRL Taxonomy Extension Definition Linkbase Document

 

 

 

 

 

101.LAB**

 

 

XBRL Taxonomy Extension Labels Linkbase Document

 

 

 

 

 

101.PRE**

 

 

XBRL Taxonomy Extension Presentation Linkbase Document

 

*

Pursuant to Item 601(b)(2) of Regulation S-K, the registrant agrees to furnish supplementally a copy of any omitted exhibit or schedule to the SEC upon request.

 

**

Incorporated by reference to the corresponding exhibit to the Original Filing.

 

***

Filed or furnished with this Amended Filing.

 

3


 

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.

 

 

InfraREIT, Inc.

 

(Registrant)

 

 

 

/s/ Brant Meleski

Date: November 13, 2018

Brant Meleski

 

Senior Vice President and Chief Financial Officer

 

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