NXG Cushing Midstream Energy Fund launches at-market share offering

NXG Cushing Midstream Energy Fund (NYSE: SRV) entered into a distribution agreement with Foreside Fund Services, LLC on July 10, 2026, allowing the fund to offer and sell up to 1,500,000 common shares through an at-the-market offering.

The common shares carry a par value of $0.001 per share. Under the terms of the agreement, shares may not be sold below the then-current net asset value per common share, plus any per-share commission owed to the distributor.

Foreside Fund Services entered into a sub-placement agent agreement with UBS Securities LLC, also dated July 10, 2026, to assist in placing shares under the distribution agreement.

The offering is being made pursuant to a prospectus supplement dated July 10, 2026, and an accompanying prospectus dated November 12, 2025, both part of the fund's shelf registration statement on Form N-2 filed with the Securities and Exchange Commission under file number 333-286482.

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