PINNACLE WEST CAPITAL CORP (PNW) Form 8-K — Aug 4, 2026
Pinnacle West Capital Corporation entered into an Equity Distribution Agreement with several financial institutions to facilitate an at-the-market offering of its common stock with an aggregate gross sales price of up to $500 million. The agreement permits sales through ordinary brokers’ transactions or privately negotiated transactions, with managers receiving a commission of up to 1% of gross sales.
Key figures
- Gross Proceeds
- $500,000,000
- Commission rate
- up to 1%
- Forward term months
- 2-24
Price after filing
1 day: -0.5%7 days: -1.3%30 days: -3.9%
Close on the filing date to close N calendar days later (from $101.32). Historical, not a forecast.
AI analysis
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