secwatch.observer — SEC 8-K summary
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Issuer:     ARTESIAN RESOURCES CORP (ARTNA)
CIK:        0000863110
Form:       8-K
Filed at:   2022-06-01T23:59:59+00:00
Accession:  0000863110-22-000028
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Artesian Resources closes acquisition of Town of Clayton's water system assets
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- Artesian Water completed purchase of substantially all operating assets of Clayton's water system on May 26, 2022.
- Deal includes exclusive franchise territory and right to serve Clayton's existing customers.
- Delaware Public Service Commission approved the franchise territory transfer on April 20, 2022.
- Asset Purchase Agreement dated Feb 16, 2022; immaterial amendment entered on May 11, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863110/000086311022000028/0000863110-22-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863110/000086311022000028/8k.htm
  HTML page:      https://secwatch.observer/filing/0000863110-22-000028

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