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AI brief of an SEC Form 8-K · Idacorp (IDA)

IDACORP prices 5.18 million share offering via forward sale agreements at $107.67

Neutral Impact 4 of 5 financing Written later

IDACORP entered into an underwriting agreement on May 8, 2025 for an underwritten public offering of 4,504,505 shares of common stock, with an additional 675,675 shares added when underwriters exercised their option in full on May 9, 2025. The shares were borrowed from third parties and sold through forward sale agreements, with settlement at IDACORP's discretion by November 9, 2026, so the company's share count and earnings per share could rise if it chooses to physically settle.

Key points

  • Offering totals 4,504,505 shares, plus 675,675 option shares exercised in full on May 9, 2025.
  • Initial forward sale price is $107.67 per share, subject to adjustments for an overnight bank funding rate less a spread and expected dividends.
  • IDACORP expects no dilutive effect on earnings per share unless the average market price exceeds the adjusted forward sale price.
  • Settlement must occur by November 9, 2026, and IDACORP may choose physical, cash, or net share settlement.

The filing

CompanyIdacorp (IDA)
Form8-K, current report
Filed with the SECMay 12, 2025, 6:04 AM ET
Accession number0001193125-25-117226

Items reported: 1.01 Material Definitive Agreement8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 7:02 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 12, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.