other material
confidence high
sentiment neutral
materiality 0.70
Global Water Resources closes $15.5M public offering of 1.15M shares at $13.50/sh
Global Water Resources, Inc.
- Offering of 1,150,000 shares closed August 1, 2022; underwriter exercised full over-allotment option.
- Gross proceeds of ~$15.5M; net proceeds of ~$14.9M after underwriting discounts and expenses.
- Proceeds earmarked for acquisitions, working capital, and general corporate purposes.
- Roth Capital Partners acted as sole manager; shares sold under effective Form S-3 registration.