• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Amendment: SEC Form SC TO-I/A filed by BlackRock Energy and Resources Trust

    2/24/25 6:21:31 AM ET
    $BGR
    Trusts Except Educational Religious and Charitable
    Finance
    Get the next $BGR alert in real time by email
    SC TO-I/A 1 d916445dsctoia.htm SC TO-I/A SC TO-I/A

     

     

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

     

    SCHEDULE TO

     

     

    TENDER OFFER STATEMENT

    Under Section 14(d)(1) or 13(e)(1)

    of the Securities Exchange Act of 1934

    (Amendment No. 1)

     

     

    BlackRock Energy and Resources Trust

    (Name of Subject Company (Issuer))

    BlackRock Energy and Resources Trust

    (Names of Filing Person(s) (Issuer))

    Common Shares of Beneficial Interest, Par Value $0.001 per share

    (Title of Class of Securities)

    09250U101

    (CUSIP Number of Class of Securities)

    John M. Perlowski

    BlackRock Energy and Resources Trust

    50 Hudson Yards

    New York, New York 10001

    (800) 882-0052

    (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of Filing Person(s))

     

     

    Copies to:

     

    Margery K. Neale, Esq.   Janey Ahn, Esq.
    Willkie Farr & Gallagher LLP   BlackRock Advisors, LLC
    787 Seventh Avenue   50 Hudson Yards
    New York, New York 10019   New York, New York 10001

     

     

    January 22, 2025

    (Date Tender Offer First Published, Sent or Given to Security Holders)

     

     

     

    ☐ 

    Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

    Check the appropriate boxes below to designate any transactions to which this statement relates:

     

      ☐ 

    third-party tender offer subject to Rule 14d-1.

      ☒ 

    issuer tender offer subject to Rule 13e-4.

      ☐ 

    going-private transaction subject to Rule 13e-3.

      ☐ 

    amendment to Schedule 13D under Rule 13d-2.

    Check the following box if the filing is a final amendment reporting the results of the tender offer. ☐

     

     

     


    This Amendment No. 1 (“Amendment No. 1”) amends and supplements the Issuer Tender Offer Statement on Schedule TO filed on January 22, 2025 (the “Schedule TO”) by BlackRock Energy and Resources Trust, a Delaware statutory trust (the “Fund”), pursuant to Rule 13e-4 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), in connection with an offer by the Fund (the “Offer”) to repurchase 2.5% of its issued and outstanding common shares of beneficial interest, par value $0.001 per share (the “Shares”), in exchange for cash at a price equal to 98% of the net asset value (“NAV”) per Share determined as of the close of the regular trading session of the New York Stock Exchange, the principal market on which the Shares are traded, on the next day the NAV is calculated after the Offer expires, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated January 22, 2025 (the “Original Offer to Purchase”), the Supplement No. 1 to the Original Offer to Purchase, dated January 22, 2025 (the “Supplement No. 1” and together with the Original Offer to Purchase, the “Offer to Purchase”), and in the related Letter of Transmittal, copies of which were previously filed as Exhibits (a)(1)(i), (a)(1)(ii) and (a)(1)(iii), respectively, to the Schedule TO.

    This Amendment No. 1 is being filed to update Item 12 of the Schedule TO to include a press release announcing the preliminary results of the Offer, which expired on February 21, 2025, at 5:00 p.m. Eastern time. A copy of the press release is attached hereto as Exhibit (a)(5)(ii).

    Except as specifically provided herein, the information contained in the Schedule TO, the Offer to Purchase and the Letter of Transmittal remains unchanged, and this Amendment No. 1 does not modify any of the information previously reported in the Schedule TO, the Offer to Purchase or the Letter of Transmittal.

    Item 1 through Item 9 and Item 11

    The information set forth in the Offer to Purchase and the related Letter of Transmittal is incorporated by reference into this Amendment No. 1 in answer to Item 1 through Item 9 and Item 11 of the Schedule TO.

     

    Item 10.

    Financial Statements

    (a) The audited annual financial statements of the Fund dated December 31, 2023 and the schedule of investments of the Fund dated December 31, 2023, both filed with the SEC on EDGAR on Form N-CSR on March 6, 2024, are incorporated by reference. The unaudited semi-annual financial statements of the Fund dated June  30, 2024 and the schedule of investments of the Fund dated June 30, 2024, both filed with the SEC on EDGAR on Form N-CSRS on September 5, 2024, are incorporated by reference.

    (b) Not applicable.

     

    Item 12(a).

    Exhibits

    Item 12(a) of the Schedule TO is hereby amended and supplemented to add the following exhibit:

    (a)(5)(ii)  Press release issued on February 21, 2025 is filed herewith.

     

    Item 12(c).

    Filing Fees

    Filing Fee Exhibit is filed herewith.

     

    Item 13.

    Information Required By Schedule 13E-3

    Not applicable.

     

    - 2 -


    SIGNATURE

    After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

    BlackRock Energy and Resources Trust

    By:   /s/ John M. Perlowski
      Name: John M. Perlowski
      Title: President and Chief Executive Officer
      Dated: February 21, 2025

     

    - 3 -


    Exhibit Index

     

    Exhibit
    Number

      

    Description

    (a)(5)(ii)

       Press release issued on February 21, 2025
       Filing Fee Exhibit

     

    - 4 -

    Get the next $BGR alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $BGR

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $BGR
    Financials

    Live finance-specific insights

    See more
    • Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

      Certain BlackRock closed-end funds (the "Funds") announced distributions today as detailed below. Municipal Funds: National Funds Ticker Distribution   Declaration- 5/1/2025 Ex-Date- 5/15/2025 Record- 5/15/2025 Payable- 6/2/2025   Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.055500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.049500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Trust* BFK $0.050000 - BlackRock Investment Quality Municipal Trust, Inc.* BKN $0.057000 - BlackRock Municipal Incom

      5/1/25 7:59:00 PM ET
      $BBN
      $BCAT
      $BCX
      $BDJ
      Finance Companies
      Finance
      Finance/Investors Services
      Trusts Except Educational Religious and Charitable
    • Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

      Today, BlackRock Resources & Commodities Strategy Trust (NYSE:BCX), BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ), BlackRock Energy and Resources Trust (NYSE:BGR), BlackRock Enhanced International Dividend Trust (NYSE:BGY), BlackRock Health Sciences Trust (NYSE:BME), BlackRock Health Sciences Term Trust (NYSE:BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE:BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI), BlackRock Enhanced Large Cap Core Fund, Inc. (NYSE:CII), BlackRock Science and Technology Trust (NYSE:BST), BlackRock Science and Technology Term Trust (NYSE:BSTZ), BlackRock Technology and Private Equity Term Trust (NYSE:BTX), BlackRock Capital

      4/30/25 7:40:00 PM ET
      $BBN
      $BCAT
      $BCX
      $BDJ
      Finance Companies
      Finance
      Finance/Investors Services
      Trusts Except Educational Religious and Charitable
    • Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

      Certain BlackRock closed-end funds (the "Funds") announced distributions today as detailed below. Municipal Funds: National Funds Ticker Distribution   Declaration- 4/1/2025 Ex-Date- 4/15/2025 Record- 4/15/2025 Payable- 5/1/2025   Ticker Distribution Change From Prior Distribution   BlackRock Municipal Income Quality Trust*  BYM $0.055500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.049500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Trust* BFK $0.050000 - BlackRock Investment Quality Municipal Trust, Inc.* BKN $0.057000 - BlackRock Municip

      4/1/25 6:55:00 PM ET
      $BBN
      $BCAT
      $BCX
      $BDJ
      Finance Companies
      Finance
      Finance/Investors Services
      Trusts Except Educational Religious and Charitable

    $BGR
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by BlackRock Energy and Resources Trust

      SC 13G/A - BlackRock Energy & Resources Trust (0001306550) (Subject)

      12/6/24 4:01:02 PM ET
      $BGR
      Trusts Except Educational Religious and Charitable
      Finance
    • SEC Form SC 13G filed by BlackRock Energy and Resources Trust

      SC 13G - BlackRock Energy & Resources Trust (0001306550) (Subject)

      11/14/24 4:06:32 PM ET
      $BGR
      Trusts Except Educational Religious and Charitable
      Finance
    • SEC Form SC 13G/A filed by BlackRock Energy and Resources Trust (Amendment)

      SC 13G/A - BlackRock Energy & Resources Trust (0001306550) (Subject)

      2/7/24 9:00:19 AM ET
      $BGR
      Trusts Except Educational Religious and Charitable
      Finance

    $BGR
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

      Certain BlackRock closed-end funds (the "Funds") announced distributions today as detailed below. Municipal Funds: National Funds Ticker Distribution   Declaration- 5/1/2025 Ex-Date- 5/15/2025 Record- 5/15/2025 Payable- 6/2/2025   Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.055500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.049500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Trust* BFK $0.050000 - BlackRock Investment Quality Municipal Trust, Inc.* BKN $0.057000 - BlackRock Municipal Incom

      5/1/25 7:59:00 PM ET
      $BBN
      $BCAT
      $BCX
      $BDJ
      Finance Companies
      Finance
      Finance/Investors Services
      Trusts Except Educational Religious and Charitable
    • Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

      Today, BlackRock Resources & Commodities Strategy Trust (NYSE:BCX), BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ), BlackRock Energy and Resources Trust (NYSE:BGR), BlackRock Enhanced International Dividend Trust (NYSE:BGY), BlackRock Health Sciences Trust (NYSE:BME), BlackRock Health Sciences Term Trust (NYSE:BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE:BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI), BlackRock Enhanced Large Cap Core Fund, Inc. (NYSE:CII), BlackRock Science and Technology Trust (NYSE:BST), BlackRock Science and Technology Term Trust (NYSE:BSTZ), BlackRock Technology and Private Equity Term Trust (NYSE:BTX), BlackRock Capital

      4/30/25 7:40:00 PM ET
      $BBN
      $BCAT
      $BCX
      $BDJ
      Finance Companies
      Finance
      Finance/Investors Services
      Trusts Except Educational Religious and Charitable
    • Certain BlackRock Closed-End Funds Announce Tender Offer in Conjunction with Results of the Quarterly Measurement Period of their Discount Management Programs

      The BlackRock closed-end funds (the "Funds") listed below announced today the results of the Quarterly Measurement Period (as defined below) under their previously announced discount management programs (the "Programs"). Funds with a Trigger Event (as defined below) at the end of the Quarterly Measurement Period also announced the dates of tender offers. The Programs are part of the Funds' ongoing efforts to manage discounts and enhance long-term shareholder value and provide liquidity to the market for their common shareholders. There can be no assurances as to the effect that a Program will have on the market for a Fund's shares or the discount at which a Fund's shares may trade relative

      4/1/25 6:57:00 PM ET
      $BCAT
      $BCX
      $BDJ
      $BGR
      Finance/Investors Services
      Finance
      Finance Companies
      Trusts Except Educational Religious and Charitable

    $BGR
    SEC Filings

    See more
    • SEC Form N-CEN filed by BlackRock Energy and Resources Trust

      N-CEN - BlackRock Energy & Resources Trust (0001306550) (Filer)

      3/17/25 9:47:52 AM ET
      $BGR
      Trusts Except Educational Religious and Charitable
      Finance
    • SEC Form N-CSR filed by BlackRock Energy and Resources Trust

      N-CSR - BlackRock Energy & Resources Trust (0001306550) (Filer)

      3/7/25 2:14:38 PM ET
      $BGR
      Trusts Except Educational Religious and Charitable
      Finance
    • Amendment: SEC Form SC TO-I/A filed by BlackRock Energy and Resources Trust

      SC TO-I/A - BlackRock Energy & Resources Trust (0001306550) (Subject)

      2/25/25 9:22:53 AM ET
      $BGR
      Trusts Except Educational Religious and Charitable
      Finance

    $BGR
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Portfolio Manager Hume Mark converted options into 1,265 shares and returned $16,691 worth of shares to the company (1,265 units at $13.19) (SEC Form 4)

      4 - BlackRock Energy & Resources Trust (0001306550) (Issuer)

      2/4/25 5:34:29 PM ET
      $BGR
      Trusts Except Educational Religious and Charitable
      Finance
    • Portfolio Manager Bishop Alastair converted options into 6,038 shares and returned $79,635 worth of shares to the company (6,038 units at $13.19) (SEC Form 4)

      4 - BlackRock Energy & Resources Trust (0001306550) (Issuer)

      2/4/25 3:33:40 PM ET
      $BGR
      Trusts Except Educational Religious and Charitable
      Finance
    • Portfolio Manager Mcclements Kyle returned $31,441 worth of shares to the company (2,384 units at $13.19) and converted options into 2,384 shares, increasing direct ownership by 0.00% to 2,514 units (SEC Form 4)

      4 - BlackRock Energy & Resources Trust (0001306550) (Issuer)

      2/4/25 3:27:01 PM ET
      $BGR
      Trusts Except Educational Religious and Charitable
      Finance

    $BGR
    Leadership Updates

    Live Leadership Updates

    See more
    • Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

      NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration-1/4/2021 Ex-Date- 1/14/2021 Record- 1/15/2021 Payable- 2/1/2021 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust BYM $0.058000 - BlackRock Municipal Income Investment Quality Trust BAF $0.061500 - BlackRock Long-Term Municipal Advantage Trust BTA $0.050500 - BlackRock Muni Intermediate Duration Fund, Inc. MUI $0.054000 - BlackRock Municipal Income Investment Trust

      1/4/21 4:30:00 PM ET
      $BCAT
      $CII
      $BGY
      $BSTZ
      Finance/Investors Services
      Finance
      Investment Bankers/Brokers/Service
      Trusts Except Educational Religious and Charitable
    • Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

      NEW YORK--(BUSINESS WIRE)--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Trust II (NYSE: BSTZ), and BlackRock Capital Allocation Tr

      12/31/20 4:30:00 PM ET
      $BCAT
      $BME
      $BCX
      $BSTZ
      Finance/Investors Services
      Finance
      Trusts Except Educational Religious and Charitable
      Finance Companies