ROTH Capital Partners Acts as Sole Manager
for Global Water Resources, Inc. (Nasdaq:GWRS)
in its $15.9 Million Follow-On

   

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. (NASDAQ:GWRS), a pure-play water resource management company, has closed an underwritten public offering of 1,720,000 shares of its common stock, which includes the sale of 220,000 additional shares pursuant to the full exercise of the over-allotment option granted to the underwriters. The shares were sold at a public offering price of $9.25 per share, resulting in the gross proceeds to Global Water Resources of approximately $15.9 million. Global Water Resources anticipates using the proceeds from the offering to fund acquisitions and for working capital and other general corporate purposes.

ROTH Capital Partners acted as sole manager for the offering.

About Global Water Resources
Global Water Resources, Inc. is a leading water resource management company that owns and operates 10 utility companies which provide water, wastewater, and recycled water services. The company’s service areas are located primarily in growth corridors around metropolitan Phoenix. The company recycles nearly 1 billion gallons of water annually. For more information, please visit www.gwresources.com.
(Source: Company Press Release | 7/25/18)

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.

Date of Announcement: 8/1/18

The material, information and  facts discussed in this announcement other than the information regarding ROTH Capital Partners, LLC ("ROTH") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of any companies, securities or topics discussed herein. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or estimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may be reproduced in any form without the express written permission of ROTH. Copyright 2018.