NXG launches rights offering for up to 1,930,837 new common shares
NXG NextGen Infrastructure Income Fund began a rights offering on April 6, 2026, letting shareholders of record on that date buy up to 1,930,837 new common shares. The offer is made under a prospectus supplement and an effective shelf registration, with UBS Securities LLC as dealer manager. Shareholders should note that the subscription price is not set in the filing, and any shares sold would add to the share count.
Key points
- Record date was April 6, 2026; each common share held earns one right, and three rights buy one new common share.
- Up to 1,930,837 common shares are offered; UBS Securities LLC is dealer manager and Equiniti Trust Company, LLC is subscription agent.
- Rights expire at 5:00 p.m. Eastern time on April 30, 2026, unless the fund extends the deadline; the subscription price is listed as an estimate with no amount stated.
The filing
Written by AI on Nov 9, 2026, 8:38 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 April 06, 2026.
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.