IDACORP INC Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by IDACORP, Inc. on February 21, 2025. The filing addresses an update to the company's At-The-Market (ATM) equity offering program.
Key Financial Metrics
The filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on the status of the ATM Program:
- Total Program Size: $300,000,000 (aggregate gross sales price).
- Shares Sold to Date: 801,914 shares of common stock.
- Aggregate Offering Price Realized: $92,353,363.
- Remaining Available Balance: $207,646,637.
Material Changes
On February 21, 2025, IDACORP and its subsidiary Idaho Power Company filed a new registration statement on Form S-3 (File No. 333-285140) and a new prospectus supplement. This action registers the remaining securities under the ATM Program, replacing the prior registration statement which is set to expire on May 16, 2025.
Guidance, Outlook, and Risks
The filing contains no management guidance, outlook, or discussion of operational risks. It includes a standard legal disclaimer stating that the report does not constitute an offer to sell securities and that sales will only be made via the prospectus and supplement in jurisdictions where lawful.
Investor Verification Checklist
- Verify the expiration date of the prior registration statement (May 16, 2025) against the new filing date.
- Confirm the remaining capacity of $207,646,637 available for future sales under the ATM Program.
- Review the new Form S-3 (File No. 333-285140) for updated terms of the offering.
- Note that the filing does not provide updated financial performance data for the period.