NRG Energy Sets Underwriting for 14.3M-Share Secondary; 45-Day Lock-Up and Waiver Adopted

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NRG Energy has entered an underwriting agreement for a secondary public offering of 14.3 million shares held by existing stockholders, with underwriters having an option for an additional 2.145 million shares. The company will not receive any proceeds from this sale. In connection with the offering, selling stockholders agreed to a 45-day lock-up on their remaining 8.12 million shares, and NRG waived a prior six-month lock-up to facilitate the resale.

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