Chesapeake Utilities (CPK) Prices 3.86M Share Offering at $85.50/sh

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Chesapeake Utilities Announces Pricing of Public Offering of Common Stock

November 10, 2023 7:30 AM EST

DOVER, Del., Nov. 10, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced the pricing of an underwritten public offering of 3,859,649 shares of its common stock at an offering price of $85.50 per share. In connection with the offering, the underwriters have been granted a 30-day option to purchase up to 578,947 additional shares of the Company's common stock. The offering is expected to close on November 14, 2023, subject to the... More