other material
confidence high
sentiment neutral
materiality 0.65
NXG NextGen launches rights offering for up to 867,238 shares at 1-for-3 ratio
NXG NextGen Infrastructure Income Fund
- Record date June 20, 2024; shareholders receive one right per share held.
- Each three rights entitle purchase of one common share; up to 867,238 shares offered.
- Rights expire July 17, 2024 unless extended; over-subscription privilege of up to 20% available.
- Dealer manager agreement with UBS Securities; subscription agent Equiniti Trust Company.
- Estimated subscription price to be determined per prospectus supplement dated June 20, 2024.