H2O America prices $608.7M common stock offering for Quadvest acquisition funding

H2O AMERICA

Offering of 11,484,824 shares at $53.00/share; net proceeds ~$588.9M (or $677.2M with underwriter option).
Company directly sells 3,937,654 shares; forward sellers sell 7,547,170 borrowed shares under forward sale agreements.
Initial forward price $51.2775/share; settlement at company's discretion on or before March 2, 2028.
Proceeds intended to finance Quadvest Acquisition; offering not conditioned on closing of acquisition.
Underwriters: J.P. Morgan and Wells Fargo Securities acting as joint book-running managers.

item 1.01item 8.01item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.