ROTH Capital Partners Acts as Sole Manager for
Global Water Resources, Inc. (NASDAQ:GWRS)
in its $8.4 Million IPO

For more information please contact:

Investment Banking
Greg Giebel
Managing Director
(949) 720-5701
ggiebel@roth.com

 

Russ Nudelman
Director
(310) 445-5872
rnudelman@roth.com

Equity Capital Markets
Aaron Gurewitz
Head of Equity
Capital Markets
(949) 720-5703

agurewitz@roth.com

 

Nazan Akdeniz
Senior Vice President
(949) 720-5740

nakdeniz@roth.com

 

Lou Ellis
Senior Vice President
(949) 720-5739

lellis@roth.com

Transaction Information
Global Water Resources, Inc. (GWRS), a water resource utilities company located in Phoenix, Arizona, announced that it has completed the previously announced initial public offering of 1,164,800 shares of common stock, as well as the sale of 174,720 additional shares pursuant to the full exercise of the over-allotment option granted to the underwriters. The shares were sold at a price of $6.25 per share, resulting in the gross proceeds for Global Water Resources, Inc. of approximately $8.4 Million. The common stock is trading on the NASDAQ Global Market under the symbol "GWRS."

ROTH Capital Partners acted as the as sole manager for the offering.

About Global Water Resources, Inc.
Global Water Resources, Inc. is a water resources company located in Phoenix, Arizona, that owns and operates regulated water, wastewater and recycled water utilities in the metropolitan Phoenix area. For more information, please visit: http://www.gwresources.com
 (Source: Company Press Release | 4/28/16)

About ROTH Capital Partners
ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S. For more information on ROTH, please visit www.roth.com.

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