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OGE Energy Corp. Prices Public Offering of 8,023,256 Shares of Common Stock
OGE Energy Corp. (NYSE: OGE) announced today that it has priced an underwritten public offering of 8,023,256 shares of its common stock at a public offering price of $43.00 per share. Of the 8,023,256 shares of common stock being offered, OGE Energy Corp. agreed to issue and sell directly 4,011,628 shares to the underwriters in the offering, and the forward sellers (as defined below) agreed to borrow from third parties and sell to such underwriters 4,011,628 shares of common stock in connection
About this update from Oge Energy Corp
[{"type":"text","content":"OKLAHOMA CITY, Nov. 20, 2025 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) announced today that it has priced an underwritten public offering of 8,023,256 shares of its common stock at a public offering price of $43.00 per share. Of the 8,023,256 shares of common stock being offered, OGE Energy Corp. agreed to issue and sell directly 4,011,628 shares to the underwriters in the offering, and the forward sellers (as defined below) agreed to borrow from third parties and sell to such underwriters 4,011,628 shares of common stock in connection with the forward sale agreements described below. In conjunction with the offering, OGE Energy Corp. has granted to the underwriters an option to purchase up to 1,203,488 additional shares of its common stock. If such option is exercised, OGE Energy Corp. may, in its sole discretion, enter into additional forward sale agreements with the forward purchasers (or their respective affiliates) with respect to such additional shares or issue and sell such shares directly to the underwriters.","length":1035,"tagName":"p"},{"type":"text","content":"Morgan Stanley and J.P. Morgan are acting as joint lead bookrunners of the offering and representatives for the underwriters. Mizuho, MUFG, RBC Capital Markets and Wells Fargo Securities are also acting as bookrunners for the offering. The underwriters may offer the shares of common stock in transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. Closing of the offering is expected to occur on or about November 24, 2025, subject to customary closing conditions.","length":651,"tagName":"p"},{"type":"text","content":"In connection with the offering, OGE Energy Corp. entered into separate forward sale agreements with each of Morgan Stanley & Co. LLC and JPMorgan Chase Bank, National Association, New York Branch, referred to in such capacity as the forward purchasers, pursuant to which OGE Energy Corp. agreed to sell to the forward purchasers or their respective affiliates the same number of shares of common stock as are borrowed from third parties and sold by Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC or their respective affiliates (in such capacities, the &...