Corporate ActionApr 22, 2026, 04:41 PM
York Water Co. Closes Public Offering of 1.75M Shares
AI Summary
The York Water Company announced the successful closing of its public offering, which included the full exercise of the underwriters' option to purchase additional shares. A total of 1,750,000 shares of common stock were sold at a price of $28.50 per share. This capital raise strengthens the company's financial position.
Key Highlights
- Underwriters fully exercised option for 228,261 additional shares.
- Total of 1,750,000 common shares sold in the public offering.
- Shares were priced at $28.50 each.
- Gross proceeds from the offering totaled $49.875 million.
Price Impact
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