The Online Investor
Utilities IPOs image Utilities IPOs » By The Online Investor Staff, updated Mon., Feb. 6, 12:45 AM
Recent initial public offerings in the Utilities IPOs category.

Slide #1. Global Water Resources, Inc. Initial Public Offering

Company: Global Water Resources, Inc.
Proposed Symbol: GWRS
Shares Offered: 1,164,800
Price Per Share: $6.25
Over-Allotment: 174,720
Description: GWRI also announced today that it has priced its initial public offering of 1,164,800 shares of common stock at U.S.$6.25 per share for gross proceeds of U.S$7,280,000 (the "U.S. IPO"). In addition, GWRI has granted the underwriter of the U.S. IPO a 30-day over-allotment option to purchase up to an additional 174,720 shares of common stock on the same terms and conditions. GWRI intends to use the net proceeds from the U.S. IPO for working capital and other general corporate purposes. The Arrangement and the U.S. IPO are cross-conditional and will only be completed concurrently. Subject to the satisfaction of customary conditions, the Arrangement and the U.S. IPO are expected to close on May 3, 2016. On completion of the Arrangement and the U.S. IPO, all of the shares of common stock of GWRI will be listed on the Toronto Stock Exchange under the trading symbol "GWR" and on the NASDAQ Global Market under the trading symbol "GWRS", subject to the satisfaction of applicable listing requirements.

IPOs: Global Water Resources, Inc.

List of Utilities IPOs in this Slideshow: Company Ticker IPO Date Gogo Inc. GOGO 6/20/2013 Criteo S.A. CRTO NextEra Energy Partners, LP NEP Global Water Resources, Inc. GWRS

Utilities IPOs Page |

Copyright © 1998 - 2023, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.