other material
confidence high
sentiment neutral
materiality 0.50
NXG Cushing Midstream Energy Fund launches ATM offering of up to 745,000 shares
NXG Cushing Midstream Energy Fund
- Entered distribution agreement with Foreside Fund Services for at-the-market offering of up to 745,000 common shares.
- Minimum sale price per share set at NAV plus commission; UBS Securities LLC acts as sub-placement agent.
- Offering commenced January 13, 2025 under effective shelf registration statement on Form N-2.