NVRI · Enviri Corporation

The filing details the completion of a multi-step corporate reorganization and sale. On June 1, 2026, Enviri Corporation merged into Enviri LLC (a subsidiary), with each share converted into one share of CLEH Common Stock. Following a reorganization, CLEH distributed shares of New Enviri Common Stock to its stockholders at a ratio of 1:3. Immediately thereafter, Merger Sub merged into CLEH, with CLEH surviving as a Veolia subsidiary. CLEH stockholders received $15.00 per share in cash (Merger Consideration), aggregating $3.04 billion for the Clean Earth Business. The cash was used to redeem all $475 million of Enviri's 5.75% Senior Notes due 2027, repay the AR Facility, cover transaction costs, and retain funds for Harsco Rail contracts. As a result, Enviri common stock was delisted from the NYSE, trading was suspended, and the registrant became Enviri LLC, a wholly owned subsidiary of New Enviri Corporation (which will trade under the symbol NVRI). Former Enviri stockholders now own all New Enviri shares, which represent the remaining Harsco Environmental and Rail businesses. These transactions represent a complete change in control and capital structure, significantly altering the risk profile for investors.