CMS Energy updates equity offering — prospectus supplement dated Feb 11, 2026.
Filed with the SEC on · Summarized by InvestorsBot
CMS Energy updates equity offering — prospectus supplement dated Feb 11, 2026. Shelf up to $1.0B; ~$492.3M of common stock remains available for sale. CMS has no obligation to sell remaining shares. $CMS 💼📈 #EquityOffering #CMS #SEC
Offering governed by Dec 7, 2023 Equity Distribution Agreement with forward purchasers/agents including Barclays, J.P. Morgan, KeyBanc, Mizuho, RBC and BNS. ~$507.7M sold to date under the program. $CMS 🏦 #CapitalMarkets #CMS
Forward-sale mechanics: third parties borrow & sell shares; CMS expects to physically settle to receive cash at forward price but may elect cash- or net-share-settlement — potentially receiving no proceeds or owing cash/shares. Sales may be ATM or negotiated. $CMS ⚠️💰 #Investing #EquityOffering