PINNACLE WEST CAPITAL CORP entered into Forward Sale Agreements with Mizuho Markets Americas LLC and Wells Fargo Bank, National Association valued at aggregate of 9,774,436 shares of common stock; aggregate of 1,466,165 shares under Additional Forwar (effective 2024-02-28).
“On February 28, 2024, Pinnacle West Capital Corporation (“Pinnacle West” or the “Company”) entered into separate forward sale agreements (each, a “Forward Sale Agreement” and, together, the “Forward Sale Agreements”) with Mizuho Markets Americas LLC and Wells Fargo Bank, National Association (each, a “Forward Purchaser” and, together, the “Forward Purchasers”), relating to an aggregate of 9,774,436 shares of the Company’s common stock, no par value (the “common stock”).”