---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-042105"
form_type: "8-K"
ticker: "NI"
cik: "0001111711"
company_name: "NISOURCE INC."
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T18:20:17.409395+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NiSource launches $900M at-the-market equity issuance program through Dec 2025

## Summary
- Aggregate gross sales price of up to $900 million of common stock through December 31, 2025.
- Sales may be made via ATM methods including ordinary brokers' transactions on NYSE or forward sale agreements.
- Eight equity distribution agreements executed with agents including Barclays, BofA, Goldman Sachs, J.P. Morgan, Morgan Stanley.
- Proceeds intended for general corporate purposes, capital expenditures, working capital, and debt repayment.
- Commissions to agents up to 2% of sales price for issued shares; forward sellers receive reduced forward price.

## SEC filing metadata
- accession: 0001193125-24-042105
- form_type: 8-K
- ticker: NI
- cik: 0001111711
- company_name: NISOURCE INC.
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1111711/000119312524042105/0001193125-24-042105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1111711/000119312524042105/d473461d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-042105
- JSON: https://secwatch.observer/filing/0001193125-24-042105.json
- Plain text: https://secwatch.observer/filing/0001193125-24-042105.txt

## Key facts
- Material Agreements
  NISOURCE INC. entered into Equity Distribution Agreements with Barclays Capital Inc., BMO Capital Markets Corp., BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., Wells Fargo Securities, LLC valued at up to an aggregate gross sales price of $900,000,000 (effective 2024-02-22).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Barclays Capital Inc., BMO Capital Markets Corp., BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., Wells Fargo Securities, LLC
  - Value: up to an aggregate gross sales price of $900,000,000
  - Effective: 2024-02-22
  source text: In accordance with the terms of the Equity Distribution Agreements, the Company may offer and sell up to an aggregate gross sales price of $900,000,000 of its Common Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1111711/000119312524042105/0001193125-24-042105-index.htm

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