PITTSBURGH--(BUSINESS WIRE)--Evoqua Water Technologies Corp. (“Evoqua Water Technologies” or the
“Company”) announced the closing of its initial public offering of
31,944,443 shares of its common stock at a public offering price of
$18.00 per share, which included 4,166,666 shares sold upon full
exercise of the option to purchase additional shares granted to the
underwriters by certain stockholders of the Company. The shares began
trading on the New York Stock Exchange under the symbol “AQUA” on
November 2, 2017.
Of the shares sold in the Company’s initial public offering, the closing
of the offering of 27,777,777 shares took place on November 6, 2017, of
which 8,333,333 shares were sold by the Company and 19,444,444 shares
were sold by the selling stockholders. The sale by the selling
stockholders of the additional 4,166,666 shares pursuant to the
underwriters’ option to purchase additional shares followed on November
7, 2017. The Company did not receive any proceeds from the sale of
shares by the selling stockholders, including from the exercise by the
underwriters of their option to purchase additional shares.
Credit Suisse, J.P. Morgan and RBC Capital Markets acted as joint lead
book-running managers in the offering. Citigroup and Goldman Sachs & Co.
LLC also acted as joint book-running managers in the offering. Morgan
Stanley, Baird, Raymond James, Stifel and Wells Fargo Securities acted
as co-managers in the offering.
The offering of these securities was made only by means of a prospectus.
Copies of the final prospectus may be obtained from: Credit Suisse
Securities (USA) LLC, Attention: Prospectus Department, One Madison
Avenue, New York, New York, 10010, or by telephone at +1 (800) 221-1037,
or by email at newyork.prospectus@credit-suisse.com,
or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY 11717, or via telephone: 1-866-803-9204
or RBC Capital Markets, LLC, Attention: Equity Syndicate, 200 Vesey
Street, 8th Floor, New York, New York, 10281, or by telephone at
1-877-822-4089, or by email at equityprospectus@rbccm.com.
A registration statement relating to these securities was declared
effective by the Securities and Exchange Commission on November 1, 2017.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there be any
sale of these securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Evoqua Water Technologies
Evoqua Water Technologies is a leading provider of mission critical
water treatment solutions, offering services, systems and technologies
to support its customers’ full water lifecycle needs. Evoqua Water
Technologies has worked to protect water, the environment and its
employees for over 100 years, earning a reputation for quality, safety
and reliability around the world. Headquartered in Pittsburgh,
Pennsylvania, Evoqua Water Technologies operates 160 locations in eight
countries and, with over 200,000 installations and 87 service branches,
holds leading positions in the North American industrial, commercial and
municipal water treatment markets.
