secwatch.observer — SEC 8-K summary
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Issuer:     Global Water Resources, Inc. (GWRS)
CIK:        0001434728
Form:       8-K
Filed at:   2023-06-12T23:59:59+00:00
Accession:  0001434728-23-000212
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Water Resources raises $2.78M private placement at $12.07/share
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- Issued 230,000 shares at $12.07 per share for aggregate proceeds of ~$2.78 million to two accredited investors.
- Purchasers include board member Andrew M. Cohn and COELI SICAV I – CIRCULUS AMERICA SMALL CAP.
- Offering is exempt from registration under Section 4(a)(2) and Rule 506; shares bear restrictive legend.
- Price equaled Nasdaq closing bid price immediately preceding the agreement; no discount to market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434728/000143472823000212/0001434728-23-000212-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434728/000143472823000212/gwrs-20230608.htm
  HTML page:      https://secwatch.observer/filing/0001434728-23-000212

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer