H2O America Announces Pricing of Offering of Equity Units

H2O America (NASDAQ: HTO) announced the pricing of a 6.5 million equity unit offering at $50 per unit, generating approximately $315.3 million in net proceeds. Each unit consists of a stock purchase contract and a 1/20 interest in 5.300% Remarketable Senior Notes due 2031, with total annual distributions of 7.750%. The offering is expected to close on November 3, 2026, with net proceeds intended for general corporate purposes including acquisitions, capital expenditures, or debt repayment.