---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-067481"
form_type: "8-K"
ticker: "MGEE"
cik: "0001161728"
company_name: "MGE ENERGY INC"
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:40:35.962401+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MGE Energy files $100M at-the-market equity offering via Guggenheim and Morgan Stanley

## Summary
- Equity Distribution Agreement with Guggenheim Securities and Morgan Stanley to sell up to $100M of common stock.
- Sales will be ATM offerings on Nasdaq at market prices; commission up to 2% of gross proceeds.
- Proceeds to be used for general corporate purposes including debt repayment, capex, and subsidiary investments.
- Shares offered under existing S-3 shelf registration; management retains discretion over use of proceeds.

## SEC filing metadata
- accession: 0001193125-26-067481
- form_type: 8-K
- ticker: MGEE
- cik: 0001161728
- company_name: MGE ENERGY INC
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1161728/000119312526067481/0001193125-26-067481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1161728/000119312526067481/mgee-20260224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-067481
- JSON: https://secwatch.observer/filing/0001193125-26-067481.json
- Plain text: https://secwatch.observer/filing/0001193125-26-067481.txt

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