AquaVenture Announces Pricing of Public Offering of Ordinary Shares
AQUAVENTURE HOLDINGS LTD (WAAS)
Last aquaventure holdings ltd earnings: 3/5 05:05 pm
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investors.aquaventure.com
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Source: Business Wire
TAMPA, Fla.--(BUSINESS WIRE)--AquaVenture Holdings Limited (NYSE: WAAS) (“AquaVenture” or the “Company”), a leader in Water-as-a-Service® (“WAAS®”) solutions, announced today the pricing of its previously announced underwritten public offering of 4,100,000 ordinary shares at a public offering price of $16.88 per share. The gross proceeds to AquaVenture from the offering, before deducting the underwriting discounts and commissions and other estimated offering expenses, is approximately $69.2 million. The Company has granted the underwriters of the offering a 30-day option to purchase up to 615,000 additional ordinary shares. The offering is expected to close on or about July 15, 2019.The Company intends to use the net proceeds of the offering for working capital and other general corporate purposes, including the acquisition of, or investment in, complementary businesses, products, services, technologies or other assets. Citigroup, RBC Capital Markets and UBS Investment Bank are ac
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