secwatch.observer — SEC 8-K summary
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Issuer:     CHESAPEAKE UTILITIES CORP (CPK)
CIK:        0000019745
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001193125-23-276703
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chesapeake Utilities raises $367M in public offering of 4.44M shares at $85.50/share
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- Company sold 3,859,649 shares directly to underwriters at $82.72125/share; 30-day option for 578,947 additional shares exercised in full.
- Net proceeds estimated at $367.2 million after underwriting discounts and commissions.
- Underwriters include Barclays Capital Inc., RBC Capital Markets, LLC, and Wells Fargo Securities, LLC.
- Offering expected to close on November 14, 2023, subject to customary conditions.
- Offering made under existing Form S-3 registration statement; no specific use of proceeds disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19745/000119312523276703/0001193125-23-276703-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19745/000119312523276703/d294380d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-276703

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