RGC Resources launches at-the-market offering of up to $20 million of common stock

Filed February 21, 2023 · ~1 min read

Key Changes

• high

  RGC Resources is offering up to $20 million of common stock in an at-the-market offering, with shares sold at prevailing market prices over time.

  The Offering verify on EDGAR →
• medium

  Net proceeds will fund capital expenditures and general corporate purposes, including debt reduction or acquisitions.

  Use of Proceeds verify on EDGAR →
• medium

  The company's ability to continue paying regular dividends depends on operations, regulatory environment, and debt covenants.

  Risk Factors verify on EDGAR →