{"schema_version":"secwatch.filing_event.v1","accession":"0001108426-23-000016","form_type":"8-K","ticker":"TXNM","cik":"0001108426","company_name":"TXNM ENERGY INC","filed_at":"2023-04-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.960558+00:00","generated_at":"2026-06-17T02:55:04.138211+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"PNM Resources extends merger deadline with Avangrid to July 20, 2023","bullets":["Merger End Date extended from April 20 to July 20, 2023; NMPRC approval still pending.","Joint motion to dismiss and remand appeal of NMPRC denial remains pending at NM Supreme Court.","Entered forward sale agreements for ~$50M equity under ATM program; weighted-average forward price $48.39.","Added interest rate hedges: $150M for 2023 and $300M for 2024, both at average 3.6%.","Q1 2023 earnings results and conference call scheduled for May 5, 2023 at 11 a.m. ET."],"urls":{"canonical":"https://secwatch.observer/filing/0001108426-23-000016","json":"https://secwatch.observer/filing/0001108426-23-000016.json","markdown":"https://secwatch.observer/filing/0001108426-23-000016.md","text":"https://secwatch.observer/filing/0001108426-23-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108426/000110842623000016/0001108426-23-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108426/000110842623000016/pnm-20230412.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T02:55:04.138211+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d272e5448501a58259affff58768390bbe0fce45","claim":"TXNM ENERGY INC amended Amendment No. 2 to the Merger Agreement with Avangrid, Inc. (effective 2023-04-12).","evidence_excerpt":"On April 12, 2023, PNMR, Avangrid and Merger Sub entered into Amendment No. 2 to the Merger Agreement (the “Second Amendment”) pursuant to which PNMR and Avangrid each agreed to extend the “End Date” until July 20, 2023.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108426/000110842623000016/0001108426-23-000016-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Avangrid, Inc."},{"label":"Effective","value":"2023-04-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}