NXG Cushing Midstream Energy Fund

NYSE:SRVUnited States

Nov 15, 2024

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• NXG Cushing(R) Midstream Energy Fund (NYSE: SRV) Announces the Preliminary Results of its Rights Offering, from 8:30AM ET on Friday Nov 15, 2024 by PR Newswire

  8:30AM ET on Friday Nov 15, 2024 by PR Newswire
  Companies Mentioned: SRV

  The NXG Cushing(R) Midstream Energy Fund (NYSE: SRV) (the "Fund") announced the preliminary results of its transferable rights offering (the "Offer"). The Offer commenced on October 23, 2024, and expired on November 14, 2024 (the "Expiration Date"). The Offer entitled rights holders to subscribe for up to an aggregate of 1,004,176 of the Fund's common shares of beneficial interest, par value $0.001 per share ("Common Shares"). The subscription price was $41.80 per Common Share and was determined based upon a formula equal to 89% of the Fund's net asset value ("NAV") per Common Share at the close of trading on the New York Stock Exchange on the Expiration Date. The Offerwas oversubscribed. CommonShareswill be issued promptlyafter completionand receiptof all shareholderpaymentsandthepro-rata allocationof CommonShares inrespectoftheover subscription privilege.

• NXG Cushing(R) Midstream Energy Fund (NYSE: SRV) Announces the Preliminary Results of its Rights Offering, from 8:30AM ET on Friday Nov 15, 2024 by Dow Jones

  8:30AM ET on Friday Nov 15, 2024 by Dow Jones
  Companies Mentioned: SRV
  
  NXG Cushing(R) Midstream Energy Fund (NYSE: SRV) Announces the Preliminary Results of its Rights Offering
  
  PR Newswire
  
  DALLAS, Nov. 15, 2024