Unitil replaces Janney Montgomery with Huntington in $50M ATM program; extends Aquarion deal to May 25, 2026

UNITIL CORP

Janney Montgomery Scott replaced by Huntington Securities in $50M at-the-market equity distribution facility.
Acquisition of Aquarion Water companies extended to May 25, 2026 (third extension from original Jan 23, 2026 deadline).
No change to $50M maximum offering amount or other key terms of the distribution agreement.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

UNITIL CORP amended Amendment No. 1 to Distribution Agreement with Huntington Securities, Inc. and Scotia Capital (USA) Inc., as agents and/or forward sellers, and Huntington Securities, Inc. and The Bank of Nova Scotia, as forward purchasers (effective 2026-02-19).

Action: amendment
Agreement: atm program
Counterparty: Huntington Securities, Inc. and Scotia Capital (USA) Inc., as agents and/or forward sellers, and Huntington Securities, Inc. and The Bank of Nova Scotia, as forward purchasers
Effective: 2026-02-19

Exact text from the filing

the Company entered into Amendment No. 1 to Distribution Agreement (the “ Amendment to Distribution Agreement ”) with Huntington Securities, Inc. and Scotia Capital (USA) Inc., as agents and/or forward sellers, and Huntington Securities, Inc. and The Bank of Nova Scotia, as forward purchasers

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

UNITIL CORP terminated Distribution Agreement with Janney Montgomery Scott LLC (effective 2026-02-19).

Action: termination
Agreement: atm program
Counterparty: Janney Montgomery Scott LLC
Effective: 2026-02-19

Exact text from the filing

the Company and Janney Montgomery Scott LLC mutually terminated the Distribution Agreement with respect to Janney Montgomery Scott LLC, in its capacity as an agent and/or forward seller and as a forward purchaser thereunder

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

UNITIL CORP entered into Distribution Agreement with Janney Montgomery Scott LLC and Scotia Capital (USA) Inc., as agents and/or forward sellers, and Janney Montgomery Scott LLC and The Bank of Nova Scotia, as forward purchasers valued at up to an aggregate sales price of $50 million (effective 2025-06-03).

Action: entry
Agreement: atm program
Counterparty: Janney Montgomery Scott LLC and Scotia Capital (USA) Inc., as agents and/or forward sellers, and Janney Montgomery Scott LLC and The Bank of Nova Scotia, as forward purchasers
Value: up to an aggregate sales price of $50 million
Effective: 2025-06-03

Exact text from the filing

Unitil Corporation, a New Hampshire corporation (the “ Company ”), entered into a Distribution Agreement (the “ Distribution Agreement ”) with Janney Montgomery Scott LLC and Scotia Capital (USA) Inc., as agents and/or forward sellers, and Janney Montgomery Scott LLC and The Bank of Nova Scotia, as forward purchasers, pursuant to which the Company may sell, from time to time, up to an aggregate sales price of $50 million of its common stock, no par value (the “ Shares ”).

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291 material agreements filed in the last 30 days. Browse all material agreements →

UNITIL CORP filing history →

Source: SEC EDGAR

accession 0001193125-26-067209

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