other material
confidence high
sentiment neutral
materiality 0.50
Global Water Resources raises ~$10M via private placement of 1.13M shares at $8.85
Global Water Resources, Inc.
- Private placement of 1,129,944 shares of common stock at $8.85/share, gross proceeds ~$10M.
- Purchasers include Levine Investments Limited Partnership (LILP) and director Andrew M. Cohn.
- Exempt from registration under Section 4(a)(2) and Rule 506; accredited investors only.
- Shares carry transfer restrictions and standard legends; no underwriting fees.