Essential Utilities Announces Pricing of Common Stock Offering with a Forward Component
In connection with the offering, Essential entered into a forward sale agreement with an affiliate of
Settlement of the forward sale agreement is expected to occur no later than
The shares of common stock are being offered and sold pursuant to an effective automatic shelf registration statement on Form S-3 previously filed with the
This press release is neither an offer to sell nor a solicitation of an offer to buy any securities, including Essential common stock, nor shall it constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
Essential is one of the largest publicly traded water, wastewater and natural gas providers in the
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Words such as, but not limited to, “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “could,” “may,” “will,” “should,” and similar expressions are intended to identify forward-looking statements. All forward-looking statements, including with respect to the offering described herein, rely on a number of assumptions, estimates and data concerning future results and events and are subject to a number of uncertainties and other factors, many of which are outside Essential’s control that could cause actual results to differ materially from those reflected in such statements. Accordingly, Essential cautions that the forward-looking statements contained herein are qualified by these and other important factors and uncertainties that could cause results to differ materially from those reflected by such statements. For more information on additional potential risk factors, please review Essential’s filings with the
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