The york water company announces the closing of the full exercise of the underwriter's option to purchase additional shares under its common stock public offering

York, pa., april 07, 2022 (globe newswire) -- the york water company (“york water” or the “company”) (nasdaq: yorw), a provider of water and wastewater utility services, today announced the closing of the underwriter's full exercise of the underwriter's option to purchase 146,340 additional shares along with the previously-announced public offering of 975,600 shares of the company's common stock at a price to the public of $41 per share. the net proceeds to york water from the purchase of such additional shares was approximately $5.8 million, bringing the total net proceeds from the offering, after deducting the underwriting discounts and commissions and other offering expenses, to approximately $44 million.
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