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Stock impact report

NextDecade Registers Shares Previously Issued to Mubadala

NextDecade Corporation (NEXT) 
US:NASDAQ Investor Relations: next-decade.com/investors
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced that, on December 12, 2019, it filed a shelf Registration Statement on Form S-3 with the Securities and Exchange Commission (SEC). The filing was made to satisfy registration rights granted to Mubadala Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, pursuant to the previously announced agreement for the purchase of $50 million of NextDecade’s common stock by Mubadala on October 24, 2019.The registration statement relates to 10,074,482 shares of NextDecade common stock held by Ninteenth Investment Company, LLC, an affiliate of Mubadala. These shares consist of (i) 7,974,482 shares of common stock purchased from NextDecade; and (ii) 2,100,000 shares of common stock Mubadala acquired from an existing stockholder.NextDecade is not registering any shares of its common stock to sell for itself, but it will incur expenses in connection with the registration. The registration stat Show less Read more
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