Global Water Resources sells 1,129,944 shares in $10 million private placement
Global Water Resources agreed on August 20, 2026 to sell 1,129,944 shares of common stock at $8.85 per share, for about $10 million in total, in a private placement. The buyers include Levine Investments Limited Partnership and Andrew M. Cohn, who are linked to directors Jonathan L. Levine and Andrew M. Cohn, so existing shareholders should note that insiders are among the purchasers and that the new shares add to the shares outstanding.
Key points
- 1,129,944 shares of common stock sold at $8.85 per share, about $10 million in aggregate, under a Securities Purchase Agreement dated August 20, 2026
- Sold in a private placement exempt from registration under Section 4(a)(2) of the Securities Act and Rule 506; all purchasers are accredited investors
- Purchasers include Levine Investments Limited Partnership and Andrew M. Cohn; director Jonathan L. Levine is a limited partner of the partnership and director of its general partner, Keim Inc., and director Andrew M. Cohn is its Director of
- Price set at the Nasdaq closing bid price immediately before the agreement was entered into
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.