AI English summary of an SEC filing — figures as filed
Xcel Energy XELThe company said it entered into an equity distribution agreement on October 31, 2023 with Barclays Capital Inc., BMO Capital Markets Corp. and other Sales Agents. The Sales Agents will act as sales agent for the company's common stock, par value $2.50 per share.
Key points
AI summaryThe company said it entered into an equity distribution agreement on October 31, 2023 with Barclays Capital Inc., BMO Capital Markets Corp. and other Sales Agents. The Sales Agents will act as sales agent for the company's common stock, par value $2.50 per share.
The company said it may offer and sell common stock through the Sales Agents under the equity distribution agreement, with an aggregate gross sales price of up to $2,500,000,000.
The company said all of the Shares to be offered and sold were registered under its registration statement on Form S-3 (File No. 333-275228) previously filed with the SEC.
The company said it is filing this 8-K to incorporate by reference into its registration statement the consent of its independent registered public accounting firm to the incorporation of its reports dated February 21, 2024. The company explained that the file number of the registration statement was incorrectly noted on the consent filed as an exhibit to its annual report.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Equity distribution agreement entered into on October 31, 2023
The company said it entered into an equity distribution agreement on October 31, 2023 with Barclays Capital Inc., BMO Capital Markets Corp. and other Sales Agents. The Sales Agents will act as sales agent for the company's common stock, par value $2.50 per share.
Source · Based on the filing body and exhibits
Common stock with aggregate gross sales price of up to $2,500,000,000
The company said it may offer and sell common stock through the Sales Agents under the equity distribution agreement, with an aggregate gross sales price of up to $2,500,000,000.
Source · Based on the filing body and exhibits
Registration under Form S-3 registration statement
The company said all of the Shares to be offered and sold were registered under its registration statement on Form S-3 (File No. 333-275228) previously filed with the SEC.
Source · Based on the filing body and exhibits
Purpose of incorporating auditor consent into registration statement
The company said it is filing this 8-K to incorporate by reference into its registration statement the consent of its independent registered public accounting firm to the incorporation of its reports dated February 21, 2024. The company explained that the file number of the registration statement was incorrectly noted on the consent filed as an exhibit to its annual report.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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