MIDDLESEX WATER CO 8-K

What Happened Middlesex Water Company announced an amendment to its ATM Equity Offering Sales Agreement on February 20, 2026 and filed the 8-K on February 24, 2026. The amendment removes Janney Montgomery Scott LLC as a sales agent and adds Huntington Securities, Inc. as a sales agent for sales of Middlesex common stock under its existing at-the-market (ATM) program. The maximum aggregate offering size remains unchanged at $110,000,000 and the other terms of the Equity Sales Agreement were not modified. Middlesex also filed a prospectus supplement on February 20, 2026 updating the offering materials; sales would be made under its effective Form S-3 (File No. 333-287177).

Key Details

• Amendment executed: February 20, 2026; 8-K filed: February 24, 2026.
• Offering size: up to $110,000,000 of common stock under the existing ATM program.
• Sales agent change: Janney Montgomery Scott LLC ceased as agent; Huntington Securities, Inc. added; other agents include BofA Securities, Inc. and Robert W. Baird & Co. Incorporated.
• Sales made pursuant to Middlesex’s effective shelf registration on Form S-3 and the prospectus supplement; amendment does not change commissions, manner of sale, or maximum offering amount.

Why It Matters This amendment preserves Middlesex’s ability to raise up to $110 million through its at-the-market equity program while changing execution personnel (sales agent). If the company sells shares under the ATM program, those issuances would increase outstanding shares and could dilute existing shareholders; proceeds would provide additional capital for the company. Investors should watch for future press releases or 8-Ks announcing actual share sales under the program, which will disclose amounts sold, timing, and potential dilution. The 8-K was signed by Mohammed G. Zerhouni, SVP, CFO and Treasurer.