[8-K] Perfect Moment Ltd. Reports Material Event
NXG NextGen Infrastructure Income Fund (NYSE: NXG) filed an 8-K announcing it has launched a transferable rights offering dated 21 Jul 2025. Each shareholder of record on that date will receive one Right for every common share held; three Rights allow subscription for one new common share. Up to 1,414,904 new shares (par $0.001) may be issued, representing potential dilution of c. 33% if fully subscribed. Holders who fully exercise can oversubscribe for shares not taken up, and investors with <3 shares may buy one full share.
The Fund entered into:
- Dealer Manager Agreement with UBS Securities LLC to market and manage the offer.
- Subscription Agent Agreement with Equiniti Trust Company, LLC.
- Information Agent Agreement with EQ Fund Solutions, LLC.
The rights offering is being made under the Fund鈥檚 shelf registration statement (Form N-2, File No. 333-287058) via prospectus supplement dated 21 Jul 2025. No financial performance data were disclosed.
NXG NextGen Infrastructure Income Fund (NYSE: NXG) ha depositato un modulo 8-K annunciando il lancio di un'offerta di diritti trasferibili datata 21 luglio 2025. Ogni azionista registrato a tale data ricever脿 un diritto per ogni azione ordinaria posseduta; tre diritti consentono la sottoscrizione di una nuova azione ordinaria. Potranno essere emesse fino a 1.414.904 nuove azioni (valore nominale $0,001), rappresentando una potenziale diluizione di circa il 33% se completamente sottoscritte. I detentori che esercitano completamente possono anche sovrasottoscrivere azioni non acquistate, e gli investitori con meno di 3 azioni possono acquistare una azione intera.
Il Fondo ha stipulato:
- Dealer Manager Agreement con UBS Securities LLC per la promozione e gestione dell'offerta.
- Subscription Agent Agreement con Equiniti Trust Company, LLC.
- Information Agent Agreement con EQ Fund Solutions, LLC.
L'offerta di diritti viene effettuata nell'ambito della dichiarazione di registrazione a sportello del Fondo (Modulo N-2, File No. 333-287058) tramite supplemento al prospetto datato 21 luglio 2025. Non sono stati divulgati dati sulle performance finanziarie.
NXG NextGen Infrastructure Income Fund (NYSE: NXG) present贸 un formulario 8-K anunciando el lanzamiento de una oferta de derechos transferibles con fecha 21 de julio de 2025. Cada accionista registrado en esa fecha recibir谩 un derecho por cada acci贸n com煤n que posea; tres derechos permiten la suscripci贸n de una nueva acci贸n com煤n. Se podr谩n emitir hasta 1,414,904 nuevas acciones (valor nominal $0.001), lo que representa una posible diluci贸n de aproximadamente el 33% si se suscriben en su totalidad. Los titulares que ejerzan completamente pueden sobresuscribir acciones no adquiridas, y los inversores con menos de 3 acciones pueden comprar una acci贸n completa.
El Fondo celebr贸:
- Dealer Manager Agreement con UBS Securities LLC para comercializar y gestionar la oferta.
- Subscription Agent Agreement con Equiniti Trust Company, LLC.
- Information Agent Agreement con EQ Fund Solutions, LLC.
La oferta de derechos se realiza bajo la declaraci贸n de registro de estanter铆a del Fondo (Formulario N-2, Archivo No. 333-287058) mediante un suplemento al prospecto fechado el 21 de julio de 2025. No se divulgaron datos sobre el rendimiento financiero.
NXG NextGen Infrastructure Income Fund (NYSE: NXG)電� 2025雲� 7鞗� 21鞚检瀽搿� 鞏戨弰 臧�電ロ暅 甓岆Μ 瓿惦毳� 鞁滌瀾頄堧嫟瓿� 8-K 氤搓碃靹滊ゼ 鞝滌稖頄堨姷雼堧嫟. 頃措嫻 雮犾鞚� 欤检＜ 氇呺秬鞐� 霌膘灛霅� 欤检＜電� 氤挫湢頃� 氤错喌欤� 1欤茧嫻 1臧滌潣 甓岆Μ毳� 氚涥矊 霅橂┌, 3臧滌潣 甓岆Μ搿� 鞁犼窚 氤错喌欤� 1欤茧ゼ 觳暯頃� 靾� 鞛堨姷雼堧嫟. 斓滊寑 1,414,904欤检潣 鞁犾＜(鞎‰┐臧� $0.001)臧� 氚滍枆霅� 靾� 鞛堨溂氅�, 鞕勳爠 觳暯 鞁� 鞎� 33%鞚� 頋劃 須臣臧� 鞓堨儊霅╇媹雼�. 甓岆Μ 氤挫湢鞛愲姅 鞝勳暋 頄夓偓 鞁� 氙胳箔鞎� 欤检嫕鞐� 雽�頃� 齑堦臣 觳暯頃� 靾� 鞛堦碃, 3欤� 氙鸽 氤挫湢 韴瀽鞛愲姅 1欤� 鞝勳泊毳� 甑Г頃� 靾� 鞛堨姷雼堧嫟.
韼�霌滊姅 雼れ潓瓿� 瓿勳暯鞚� 觳搓舶頄堨姷雼堧嫟:
- 霐滊煬 毵る媹鞝� 瓿勳暯鞚� UBS Securities LLC鞕� 觳搓舶頃橃棳 瓿惦毳� 毵堨紑韺� 氚� 甏�毽暕雼堧嫟.
- 觳暯 雽�頄� 瓿勳暯鞚� Equiniti Trust Company, LLC鞕� 觳搓舶頄堨姷雼堧嫟.
- 鞝曤炒 雽�頄� 瓿勳暯鞚� EQ Fund Solutions, LLC鞕� 觳搓舶頄堨姷雼堧嫟.
甓岆Μ 瓿惦電� 韼�霌滌潣 靹犽皹 霌彪氇呾劯靹�(Form N-2, 韺岇澕 氩堩樃 333-287058)鞐� 霐半澕 2025雲� 7鞗� 21鞚检瀽 氤挫订 靹る獏靹滊 歆勴枆霅╇媹雼�. 鞛 靹标臣 雿办澊韯半姅 瓿店皽霅橃 鞎婌晿鞀惦媹雼�.
NXG NextGen Infrastructure Income Fund (NYSE: NXG) a d茅pos茅 un formulaire 8-K annon莽ant le lancement d'une offre de droits transf茅rables dat茅e du 21 juillet 2025. Chaque actionnaire inscrit 脿 cette date recevra un droit pour chaque action ordinaire d茅tenue; trois droits permettent la souscription d'une nouvelle action ordinaire. Jusqu'脿 1 414 904 nouvelles actions (valeur nominale de 0,001 $) pourront 锚tre 茅mises, repr茅sentant une dilution potentielle d'environ 33 % si l'offre est enti猫rement souscrite. Les d茅tenteurs qui exercent pleinement peuvent sursouscrire les actions non souscrites, et les investisseurs d茅tenant moins de 3 actions peuvent acheter une action enti猫re.
Le Fonds a conclu :
- Dealer Manager Agreement avec UBS Securities LLC pour commercialiser et g茅rer l'offre.
- Subscription Agent Agreement avec Equiniti Trust Company, LLC.
- Information Agent Agreement avec EQ Fund Solutions, LLC.
L'offre de droits est r茅alis茅e dans le cadre de la d茅claration d'enregistrement en 茅tag猫re du Fonds (Formulaire N-2, dossier n掳 333-287058) via un suppl茅ment au prospectus dat茅 du 21 juillet 2025. Aucune donn茅e de performance financi猫re n'a 茅t茅 divulgu茅e.
NXG NextGen Infrastructure Income Fund (NYSE: NXG) hat am 21. Juli 2025 eine 8-K-Meldung eingereicht, in der die Einf眉hrung eines 眉bertragbaren Bezugsrechtsangebots bekannt gegeben wird. Jeder zum Stichtag eingetragene Aktion盲r erh盲lt ein Bezugsrecht f眉r jede gehaltene Stammaktie; drei Bezugsrechte berechtigen zur Zeichnung von einer neuen Stammaktie. Es k枚nnen bis zu 1.414.904 neue Aktien (Nennwert $0,001) ausgegeben werden, was bei voller Zeichnung eine potenzielle Verw盲sserung von ca. 33 % bedeutet. Inhaber, die vollst盲ndig aus眉ben, k枚nnen Mehrzeichnungen f眉r nicht in Anspruch genommene Aktien vornehmen, und Anleger mit weniger als 3 Aktien k枚nnen eine ganze Aktie erwerben.
Der Fonds hat folgende Vereinbarungen getroffen:
- Dealer Manager Agreement mit UBS Securities LLC zur Vermarktung und Verwaltung des Angebots.
- Subscription Agent Agreement mit Equiniti Trust Company, LLC.
- Information Agent Agreement mit EQ Fund Solutions, LLC.
Das Bezugsrechtsangebot erfolgt im Rahmen der Shelf-Registrierung des Fonds (Formular N-2, Aktenzeichen 333-287058) mittels eines Prospekterg盲nzungsblatts vom 21. Juli 2025. Finanzielle Leistungsdaten wurden nicht ver枚ffentlicht.
- Potential capital infusion could expand assets under management, supporting scale efficiencies and broader investment opportunities.
- Appointment of UBS Securities LLC as dealer manager may enhance marketing reach and subscription success.
- Up to 33% share dilution for holders who do not fully exercise their rights.
- Rights offering expenses and underwriting fees will reduce net proceeds available for investment.
Insights
TL;DR: Rights offering raises fresh capital but introduces 33% dilution for non-participants.
The transferable 1-for-3 rights structure is typical for closed-end funds seeking growth capital without leverage expansion. If fully subscribed, gross proceeds (price not yet disclosed) could materially enlarge the asset base, improving fee scale and secondary-market liquidity. UBS as dealer manager should aid take-up, while oversubscription privileges limit orphaned rights. However, existing holders who do not exercise risk immediate NAV dilution and potential price pressure as new shares come to market. Execution risk is moderate given established agents and legal backing.
TL;DR: Neutral-to-slightly negative near term; benefit depends on deployment of new assets.
While additional capital can enhance portfolio diversification in infrastructure securities, raising up to ~33% more shares dilutes earnings and distributions until funds are invested accretively. Market reaction often hinges on discount to NAV at which rights are priced; absent that detail, impact is indeterminate. Transferability and oversubscription features may mitigate value leakage, yet transaction costs and underwriting fees reduce net proceeds. I assign a neutral rating pending pricing specifics.
NXG NextGen Infrastructure Income Fund (NYSE: NXG) ha depositato un modulo 8-K annunciando il lancio di un'offerta di diritti trasferibili datata 21 luglio 2025. Ogni azionista registrato a tale data ricever脿 un diritto per ogni azione ordinaria posseduta; tre diritti consentono la sottoscrizione di una nuova azione ordinaria. Potranno essere emesse fino a 1.414.904 nuove azioni (valore nominale $0,001), rappresentando una potenziale diluizione di circa il 33% se completamente sottoscritte. I detentori che esercitano completamente possono anche sovrasottoscrivere azioni non acquistate, e gli investitori con meno di 3 azioni possono acquistare una azione intera.
Il Fondo ha stipulato:
- Dealer Manager Agreement con UBS Securities LLC per la promozione e gestione dell'offerta.
- Subscription Agent Agreement con Equiniti Trust Company, LLC.
- Information Agent Agreement con EQ Fund Solutions, LLC.
L'offerta di diritti viene effettuata nell'ambito della dichiarazione di registrazione a sportello del Fondo (Modulo N-2, File No. 333-287058) tramite supplemento al prospetto datato 21 luglio 2025. Non sono stati divulgati dati sulle performance finanziarie.
NXG NextGen Infrastructure Income Fund (NYSE: NXG) present贸 un formulario 8-K anunciando el lanzamiento de una oferta de derechos transferibles con fecha 21 de julio de 2025. Cada accionista registrado en esa fecha recibir谩 un derecho por cada acci贸n com煤n que posea; tres derechos permiten la suscripci贸n de una nueva acci贸n com煤n. Se podr谩n emitir hasta 1,414,904 nuevas acciones (valor nominal $0.001), lo que representa una posible diluci贸n de aproximadamente el 33% si se suscriben en su totalidad. Los titulares que ejerzan completamente pueden sobresuscribir acciones no adquiridas, y los inversores con menos de 3 acciones pueden comprar una acci贸n completa.
El Fondo celebr贸:
- Dealer Manager Agreement con UBS Securities LLC para comercializar y gestionar la oferta.
- Subscription Agent Agreement con Equiniti Trust Company, LLC.
- Information Agent Agreement con EQ Fund Solutions, LLC.
La oferta de derechos se realiza bajo la declaraci贸n de registro de estanter铆a del Fondo (Formulario N-2, Archivo No. 333-287058) mediante un suplemento al prospecto fechado el 21 de julio de 2025. No se divulgaron datos sobre el rendimiento financiero.
NXG NextGen Infrastructure Income Fund (NYSE: NXG)電� 2025雲� 7鞗� 21鞚检瀽搿� 鞏戨弰 臧�電ロ暅 甓岆Μ 瓿惦毳� 鞁滌瀾頄堧嫟瓿� 8-K 氤搓碃靹滊ゼ 鞝滌稖頄堨姷雼堧嫟. 頃措嫻 雮犾鞚� 欤检＜ 氇呺秬鞐� 霌膘灛霅� 欤检＜電� 氤挫湢頃� 氤错喌欤� 1欤茧嫻 1臧滌潣 甓岆Μ毳� 氚涥矊 霅橂┌, 3臧滌潣 甓岆Μ搿� 鞁犼窚 氤错喌欤� 1欤茧ゼ 觳暯頃� 靾� 鞛堨姷雼堧嫟. 斓滊寑 1,414,904欤检潣 鞁犾＜(鞎‰┐臧� $0.001)臧� 氚滍枆霅� 靾� 鞛堨溂氅�, 鞕勳爠 觳暯 鞁� 鞎� 33%鞚� 頋劃 須臣臧� 鞓堨儊霅╇媹雼�. 甓岆Μ 氤挫湢鞛愲姅 鞝勳暋 頄夓偓 鞁� 氙胳箔鞎� 欤检嫕鞐� 雽�頃� 齑堦臣 觳暯頃� 靾� 鞛堦碃, 3欤� 氙鸽 氤挫湢 韴瀽鞛愲姅 1欤� 鞝勳泊毳� 甑Г頃� 靾� 鞛堨姷雼堧嫟.
韼�霌滊姅 雼れ潓瓿� 瓿勳暯鞚� 觳搓舶頄堨姷雼堧嫟:
- 霐滊煬 毵る媹鞝� 瓿勳暯鞚� UBS Securities LLC鞕� 觳搓舶頃橃棳 瓿惦毳� 毵堨紑韺� 氚� 甏�毽暕雼堧嫟.
- 觳暯 雽�頄� 瓿勳暯鞚� Equiniti Trust Company, LLC鞕� 觳搓舶頄堨姷雼堧嫟.
- 鞝曤炒 雽�頄� 瓿勳暯鞚� EQ Fund Solutions, LLC鞕� 觳搓舶頄堨姷雼堧嫟.
甓岆Μ 瓿惦電� 韼�霌滌潣 靹犽皹 霌彪氇呾劯靹�(Form N-2, 韺岇澕 氩堩樃 333-287058)鞐� 霐半澕 2025雲� 7鞗� 21鞚检瀽 氤挫订 靹る獏靹滊 歆勴枆霅╇媹雼�. 鞛 靹标臣 雿办澊韯半姅 瓿店皽霅橃 鞎婌晿鞀惦媹雼�.
NXG NextGen Infrastructure Income Fund (NYSE: NXG) a d茅pos茅 un formulaire 8-K annon莽ant le lancement d'une offre de droits transf茅rables dat茅e du 21 juillet 2025. Chaque actionnaire inscrit 脿 cette date recevra un droit pour chaque action ordinaire d茅tenue; trois droits permettent la souscription d'une nouvelle action ordinaire. Jusqu'脿 1 414 904 nouvelles actions (valeur nominale de 0,001 $) pourront 锚tre 茅mises, repr茅sentant une dilution potentielle d'environ 33 % si l'offre est enti猫rement souscrite. Les d茅tenteurs qui exercent pleinement peuvent sursouscrire les actions non souscrites, et les investisseurs d茅tenant moins de 3 actions peuvent acheter une action enti猫re.
Le Fonds a conclu :
- Dealer Manager Agreement avec UBS Securities LLC pour commercialiser et g茅rer l'offre.
- Subscription Agent Agreement avec Equiniti Trust Company, LLC.
- Information Agent Agreement avec EQ Fund Solutions, LLC.
L'offre de droits est r茅alis茅e dans le cadre de la d茅claration d'enregistrement en 茅tag猫re du Fonds (Formulaire N-2, dossier n掳 333-287058) via un suppl茅ment au prospectus dat茅 du 21 juillet 2025. Aucune donn茅e de performance financi猫re n'a 茅t茅 divulgu茅e.
NXG NextGen Infrastructure Income Fund (NYSE: NXG) hat am 21. Juli 2025 eine 8-K-Meldung eingereicht, in der die Einf眉hrung eines 眉bertragbaren Bezugsrechtsangebots bekannt gegeben wird. Jeder zum Stichtag eingetragene Aktion盲r erh盲lt ein Bezugsrecht f眉r jede gehaltene Stammaktie; drei Bezugsrechte berechtigen zur Zeichnung von einer neuen Stammaktie. Es k枚nnen bis zu 1.414.904 neue Aktien (Nennwert $0,001) ausgegeben werden, was bei voller Zeichnung eine potenzielle Verw盲sserung von ca. 33 % bedeutet. Inhaber, die vollst盲ndig aus眉ben, k枚nnen Mehrzeichnungen f眉r nicht in Anspruch genommene Aktien vornehmen, und Anleger mit weniger als 3 Aktien k枚nnen eine ganze Aktie erwerben.
Der Fonds hat folgende Vereinbarungen getroffen:
- Dealer Manager Agreement mit UBS Securities LLC zur Vermarktung und Verwaltung des Angebots.
- Subscription Agent Agreement mit Equiniti Trust Company, LLC.
- Information Agent Agreement mit EQ Fund Solutions, LLC.
Das Bezugsrechtsangebot erfolgt im Rahmen der Shelf-Registrierung des Fonds (Formular N-2, Aktenzeichen 333-287058) mittels eines Prospekterg盲nzungsblatts vom 21. Juli 2025. Finanzielle Leistungsdaten wurden nicht ver枚ffentlicht.
FAQ
What did NXG announce in its July 21 2025 Form 8-K?
How many rights does an NXG shareholder need to buy one new share?
What is the record date for determining NXG rights holders?
Who is acting as dealer manager for the NXG rights offering?
Will NXG shareholders experience dilution?
