Evoqua Water (AQUA) Announces Launch of 13M Share Secondary Public Offering of Common Stock
Evoqua Water Technologies Corp. (NYSE: AQUA) today announced the launch of a secondary public offering of 13 million shares of its common stock by certain shareholders of the company, including certain affiliates of AEA Investors LP (collectively, the “Selling Shareholders”). Additionally, in connection with the offering, the Selling Shareholders intend to grant to the underwriters a 30-day option to purchase up to 1.95 million additional shares of common stock.
The company is not selling any shares in the offering and will not receive any proceeds from the sale of shares being sold by the Selling Shareholders in the offering.
Credit Suisse, RBC Capital Markets and J.P. Morgan are acting as joint lead book-running managers in the offering.
An automatic shelf registration statement (including a prospectus) relating to these securities was filed on March 4, 2020 with the Securities and Exchange Commission (the “SEC”) and became effective upon such filing.
