Company: SRV
Filing Date: 2025-11-19
Form Type: 8-K
Source: 0001398344-25-021090
Chunk: 0

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-11-19
Form: 8-K
Item: Item 1.01
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Item 1.01.      Entry into a Material Definitive Agreement.  

On November 17, NXG Cushing®Midstream
Energy Fund (the “ Fund”) entered into a dealer manager agreement (the “ Dealer Manager Agreement”) by and among
the Fund, Cushing®Asset Management, LP, d/b/a NXG Investment Management and UBS Securities LLC in connection with the
issuance by the Fund to the holders of record (the “ Record Date Shareholders”) at the close of business on November 17, 2025
(the “ Record Date”) transferable rights (each a “ Right” and, collectively, the “ Rights”) entitling
such Record Date Shareholders to subscribe for up to 1,555,870 common shares of beneficial interest, par value $0.001 per share (the “ Common
Shares”), of the Fund (the “ Offer”). The Record Date Shareholders will receive one Right for each outstanding Common
Share owned on the Record Date. The Rights entitle the holders to purchase one new Common Share for every three Rights held (1 for 3).
Record Date Shareholders who fully exercise their Rights will be entitled to subscribe, subject to certain limitations and subject to
allotment, for additional Common Shares covered by any unexercised Rights. Any Record Date Shareholder who owns fewer than three Common
Shares as of the close of business on the Record Date is entitled to subscribe for one full Common Share in the Offer.

The Offer is being made pursuant a prospectus supplement,
dated November 17, 2025, and the accompanying prospectus, dated November 12, 2025, each of which constitute part of the Fund’s effective
shelf registration statement on Form N-2 (File No. 333-286482) previously filed with the Securities and Exchange Commission (the “ Registration
Statement”).

The foregoing description of the Dealer Manager Agreement
does not purport to be complete and is qualified in its entirety by reference to the full text of the Dealer Manager Agreement filed with
this report as Exhibit 1.1 and incorporated herein by reference.

In connection with the Offer, the Fund entered into
a Subscription Agent Agreement, dated November 17, 2025, with Equiniti Trust Company, LLC (“ Subscription Agent Agreement”),
and an Information Agent Agreement, dated November 17, 2025, with EQ Fund Solutions, LLC (“ Information Agent Agreement”) to
provide services with respect to the Offer.

The