York Water closes public offering of 1.75M shares at $28.50, raising ~$47.7M in net proceeds

YORK WATER CO

Offering of 1,521,739 shares plus underwriters' full exercise of option for 228,261 additional shares, all at $28.50 per share.
Net proceeds total approximately $47.7 million, including ~$6.3 million from the option exercise.
Proceeds to fund capital investment program, repay outstanding debt, and finance potential acquisitions.
Huntington Capital Markets acted as sole book-runner; Seaport Global Securities as co-manager.
Underwriters' discount and offering expenses already deducted from proceeds.

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