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0 0.00597014925373139 0.00597014925373139 -0.0378109452736319 -0.0238805970149254 -0.00497512437810952 -0.00497512437810952 -0.00298507462686561
Stock impact report

Global Water Announces Pricing of Public Offering of Common Stock

Global Water Resources, Inc. - common stock (GWRS) 
Last global water resources, inc. - common stock earnings: 3/4 06:40 pm Check Earnings Report
US:NASDAQ Investor Relations: gwresources.com/contact-investor-relations
Company Research Source: GlobeNewswire
PHOENIX, March 26, 2025 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, today announced the pricing of an underwritten public offering of 2,800,000 shares of its common stock at a price to the public of $10.00 per share. Certain existing stockholders, including certain directors and/or their affiliates, have agreed to purchase an aggregate of 1,439,200 shares of our common stock in the offering. All of the shares are being sold by the company. The gross proceeds to the company from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $28 million. The offering is expected to close on or about March 27, 2025, subject to customary closing conditions. In addition, the company has granted the underwriters for the offering a 30-day option to purchase up to an aggregate of 420,000 additional shares of its common stock at the public offering p Show less Read more
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