---
schema_version: "secwatch.filing_event.v1"
accession: "0000863110-23-000021"
form_type: "8-K"
ticker: "ARTNA"
cik: "0000863110"
company_name: "ARTESIAN RESOURCES CORP"
filed_at: "2023-05-22T23:59:59+00:00"
generated_at: "2026-06-14T18:57:30.106743+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Artesian Resources prices ~$34.8M public offering of Class A non-voting shares at $50/share

## Summary
- Priced 695,650 Class A non-voting shares at $50/share, gross proceeds ~$34.8M; closing May 23.
- Underwriter granted 30-day option to purchase up to 104,348 additional shares at offering price less discount.
- Net proceeds intended for capital investment program and repayment of outstanding indebtedness.
- Janney Montgomery Scott LLC is sole book-running manager.
- Offering made pursuant to effective shelf registration statement (Reg No. 333-266821).

## SEC filing metadata
- accession: 0000863110-23-000021
- form_type: 8-K
- ticker: ARTNA
- cik: 0000863110
- company_name: ARTESIAN RESOURCES CORP
- filed_at: 2023-05-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/863110/000086311023000021/0000863110-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/863110/000086311023000021/8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000863110-23-000021
- JSON: https://secwatch.observer/filing/0000863110-23-000021.json
- Plain text: https://secwatch.observer/filing/0000863110-23-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.