secwatch.observer — SEC 8-K summary
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Issuer:     TXNM ENERGY INC (TXNM)
CIK:        0001108426
Form:       8-K
Filed at:   2026-09-02T20:35:01+00:00
Accession:  0001108426-26-000058
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108426/000110842626000058/0001108426-26-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108426/000110842626000058/pnm-20260902.htm
  HTML page:      https://secwatch.observer/filing/0001108426-26-000058

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