MGE Energy, Inc. (Nasdaq: MGEE) today announced the pricing of its underwritten public offering of 1,300,000 shares of common stock at a price to the public of $56.00 per share of common stock. In connection with the offering, MGE Energy has granted the underwriters a 30-day option to purchase up to an additional 195,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on or about May 15, 2020, subject to customary closing conditions.
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