On Thursday Alliant Energy Corporation (NASDAQ:LNT) traded with change of 0.82% on volume of 2525084 shares in the last session as compared to average volume of 1369283 shares. During last trade its minimum price was $52.65 and it gained highest price of $53.3. LNT has total market capitalization of $12752594604. Its closing value stands at $53.06.
On Nov. 14, 2019, Alliant Energy Corporation (NASDAQ:LNT) reported that it plans to make a public offering of $195.6 million of shares of its common stock. At Alliant Energy’s request, Barclays Bank PLC, acting as the forward counterparty, expects to borrow and sell the shares to the underwriter in the offering in connection with the forward sale agreement described below. In conjunction with the offering, Alliant Energy intends to grant to the underwriter an option to purchase up to $29.3 million of additional shares of Alliant Energy’s common stock. If such option is exercised, Alliant Energy may, in its sole discretion, enter into an additional forward sale agreement with the forward counterparty with respect to such additional shares, and Alliant Energy currently expects that, if such option is exercised, it will do so.
Barclays Capital Inc. is acting as the underwriter for the offering and proposes to offer the shares of common stock from time to time for sale in one or more transactions on the Nasdaq Global Select Market, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices.
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