Evergy entered into an equity distribution agreement with May 8, 2025 with several securities firms, allowing it to sell common stock from time to time up to an aggregate offering price of $1,200,000,000.

1. 01

   Evergy entered into an equity distribution agreement with May 8, 2025 with several securities firms, allowing it to sell common stock from time to time up to an aggregate offering price of $1,200,000,000.

2. 02

   Evergy said the shares may be sold through ordinary brokers' transactions on the Nasdaq market, in block transactions, or as otherwise agreed, and that each Manager acting as sales agent will receive a commission of up to 2% of the gross offering proceeds. The company said it has no obligation to offer or sell any shares and may suspend offers and sales at any time.

3. 03

   The company said it may enter into forward sale agreements with Forward Purchasers. It said that when a Forward Seller sells borrowed shares, it will not initially receive any proceeds, and it expects to receive proceeds upon future physical settlement.

4. 04

   The company said it plans to use the net proceeds, after deducting Managers' commissions and offering expenses, plus any amounts payable on settlement of forward agreements, for general corporate purposes, which may include investment in its subsidiaries. The shares are offered under its automatic shelf registration statement on Form S-3 filed with the SEC on August 16, 2024 (Registration No. 333-281614).

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Original filing

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