NXG Cushing Midstream Energy Fund commences rights offering of up to 1.56M shares at ~$40.24

NXG Cushing Midstream Energy Fund

Record date Nov 17, 2025; shareholders receive one right per share; 3 rights buy 1 new share.
Up to 1,555,870 new common shares offered at estimated $40.24 per share; rights expire Dec 11, 2025.
Holders who fully exercise basic rights may subscribe for additional shares via over-subscription privilege.
Estimated gross proceeds up to $62.6 million before expenses.

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