secwatch.observer — SEC 8-K summary
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Issuer:     UNITIL CORP (UTL)
CIK:        0000755001
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001193125-21-237962
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unitil prices public offering of 800,000 shares at $50.80 per share, expected net proceeds $38.6M
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- Offering of 800,000 new shares at $50.80 per share; underwriters have 30-day option for additional 120,000 shares.
- Expected net proceeds of $38.6 million (plus up to $5.9M from option) to be used for equity contributions to regulated utilities, debt repayment, and general corporate purposes.
- Joint book-running managers: RBC Capital Markets and BofA Securities; co-manager: Janney Montgomery Scott.
- Offering expected to close August 6, 2021, subject to customary closing conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/755001/000119312521237962/0001193125-21-237962-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/755001/000119312521237962/d212682d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-237962

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