$YORW·8-K

YORK WATER CO · Apr 22, 4:36 PM ET

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YORK WATER CO 8-K

Research Summary

AI-generated summary

Updated

York Water Co Announces Closing of 1.75M-Share Offering at $28.50

What Happened

  • On April 22, 2026, The York Water Company announced the closing of a public offering in which the underwriters fully exercised their option to buy an additional 228,261 shares alongside the previously announced 1,521,739 shares of common stock. The offering price was $28.50 per share.

Key Details

  • Total shares sold: 1,750,000 (1,521,739 + 228,261).
  • Price to public: $28.50 per share.
  • Gross proceeds: approximately $49.9 million before underwriting discounts and offering expenses (1,750,000 × $28.50).
  • Filing date: Current Report on Form 8-K filed April 22, 2026.

Why It Matters

  • This transaction increases the company’s outstanding common shares and raises cash for the company (gross proceeds ~ $49.9M). Investors should consider the potential dilution and changes to share float when evaluating per-share metrics.
  • The filing includes standard forward-looking statement caution; shareholders should review the company’s SEC filings (including the most recent Form 10-K) for risks and any future disclosures about how the offering proceeds will be used.

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