---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-26-000058"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2026-09-02T20:35:01+00:00"
generated_at: "2026-09-02T20:37:08.920671+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TXNM Energy completes $400M common stock offering to repay term loan

## Summary
- Priced 7,079,646 common shares at $56.50 public offer; underwriter pays $55.935/share.
- Gross proceeds ~$400M; net proceeds ~$396M after underwriting discounts and expenses.
- Net proceeds used to repay borrowings under $400M term loan agreement.
- Offering closed September 2, 2026; Wells Fargo Securities sole book-running manager.

## SEC filing metadata
- accession: 0001108426-26-000058
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2026-09-02T20:35:01+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842626000058/0001108426-26-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108426/000110842626000058/pnm-20260902.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-26-000058
- JSON: https://secwatch.observer/filing/0001108426-26-000058.json
- Plain text: https://secwatch.observer/filing/0001108426-26-000058.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.