Casella Waste Systems (CWST) Prices 5.26M Share Offering at $85.50/sh

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Go back to Casella Waste Systems (CWST) Prices 5.26M Share Offering at $85.50/sh

Casella Waste Systems Announces Pricing of Public Offering of 5,263,158 Shares of Class A Common Stock

June 13, 2023 8:23 PM EDT

RUTLAND, Vt., June 13, 2023 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, announced today the pricing of an underwritten public offering of 5,263,158 shares of its Class A common stock at a public offering price of $85.50 per share, before offering discounts. The offering will result in aggregate gross proceeds of approximately $450.0 million to Casella, before deducting underwriting discounts and offering expenses. Casella also granted the underwriters of the offering an option for a period of 30 days to purchase up to an additional 789,473... More