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Stock impact report

Casella Waste Systems Announces Closing of Public Offering of Class A Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Casella Waste Systems, Inc. - Class A (CWST) 
Last casella waste systems, inc. - class a earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.casella.com
Company Research Source: GlobeNewswire
RUTLAND, Vt., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, announced today the closing of its previously announced underwritten public offering of shares of its Class A common stock, including the full exercise of the underwriters’ option to purchase an additional 675,000 shares, at a public offering price of $100.00 per share, before underwriting discounts. The exercise of the underwriters’ option to purchase additional shares brought the total number of shares of Class A common stock sold by Casella in the offering to 5,175,000 and increased the aggregate gross proceeds from the offering to $517.5 million, before deducting underwriting discounts and offering expenses. Casella intends to use the net proceeds from the offering to finance its previously announced acquisition of Royal Carting and Welsh Sanitation, to repay borrowings under its revolving credit facility and fo Show less Read more
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