Artesian Resources announces partial exercise of over-allotment option for 67,689 shares at $50

ARTESIAN RESOURCES CORP

Underwriter Janney Montgomery Scott exercised over-allotment for 67,689 shares at $50 each on June 16, 2023.
Net proceeds from the over-allotment exercise were approximately $3.24 million.
Total offering included 695,650 original shares plus 67,689 over-allotment shares of Class A Non-Voting Common Stock.
All shares in the offering, including over-allotment, were sold by the Company.

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