other material
confidence high
sentiment neutral
materiality 0.60
Global Water Resources raises $13.1M via private placement of 1.27M shares to insiders
Global Water Resources, Inc.
- Issued 1,270,572 shares at $10.30 each for aggregate proceeds of $13.1 million.
- Purchasers include board members Jonathan L. Levine (via LILP) and Andrew M. Cohn.
- Shares sold in unregistered offering exempt under Rule 506; restricted securities with legend.
- Use of proceeds not disclosed in the filing.
- Closing occurred on September 30, 2025.