Stockholder's Equity

6 Months Ended

Jun. 30, 2024

Stockholder's Equity

Stockholder's Equity

(3) Stockholder’s Equity

As of June 30, 2024, Calumet, Inc. had authorized share capital of 10,000 shares of common stock with a par value of $0.01 per share. On January 8, 2024, all 10,000 shares were issued and acquired by an affiliate for consideration of $100. Each share had one voting right.

On July 10, 2024, Calumet, Inc.’s certificate of incorporation was amended and restated pursuant to which Calumet, Inc. is authorized to issue up to 800,000,000 shares of stock, classified as follows:

● 700,000,000 shares of common stock, par value $0.01 per share; and

● 100,000,000 shares of preferred stock, par value $0.01 per share.