other material
confidence high
sentiment neutral
materiality 0.65
NextDecade raises ~$85M via private placement of 15.45M shares at $5.50/share
NextDecade Corp
- Sold 15,454,160 shares at $5.50 each for aggregate proceeds of approximately $85.0 million.
- Private placement closed on September 19, 2022; shares issued under Section 4(a)(2) and Rule 506.
- Registration rights agreement requires filing a resale registration statement within 15 days of closing.
- Purchasers are institutional investors; Credit Suisse served as placement agent.