Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
PINNACLE WEST CAPITAL CORP entered into Forward Sale Agreements with Mizuho Markets Americas LLC and Wells Fargo Bank, National Association valued at aggregate of 9,774,436 shares of common stock; aggregate of 1,466,165 shares under Additional Forwar (effective 2024-02-28).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Mizuho Markets Americas LLC and Wells Fargo Bank, National Association
- Value
- aggregate of 9,774,436 shares of common stock; aggregate of 1,466,165 shares under Additional Forwar
- Effective
- 2024-02-28
Exact text from the filing
On February 28, 2024, Pinnacle West Capital Corporation (“Pinnacle West” or the “Company”) entered into separate forward sale agreements (each, a “Forward Sale Agreement” and, together, the “Forward Sale Agreements”) with Mizuho Markets Americas LLC and Wells Fargo Bank, National Association (each, a “Forward Purchaser” and, together, the “Forward Purchasers”), relating to an aggregate of 9,774,436 shares of the Company’s common stock, no par value (the “common stock”).
View on SEC.gov