Monitor for future ATM share issuances which could dilute existing shareholders; watch for closing of the Aquarion acquisition by the new May 25, 2026 deadline
Price Chart
Executive Summary
Unitil Corporation amended its distribution agreement to replace Janney Montgomery Scott LLC with Huntington Securities, Inc. as agent and forward purchaser for its at-the-market equity offering program of up to $50 million. The company also extended the termination date of its acquisition of Aquarion Water Company subsidiaries from February 23, 2026 to May 25, 2026.
Key Facts
- Unitil amended its distribution agreement to replace Janney Montgomery Scott LLC with Huntington Securities, Inc. as agent and forward purchaser
- The at-the-market offering program allows Unitil to sell up to $50 million of common stock
- The termination date for the Aquarion Water Company acquisition was extended from February 23, 2026 to May 25, 2026
- The amendments were filed under Item 1.01 of Form 8-K as material definitive agreements
Financial Impact
Up to $50 million in potential equity issuance through the ATM program
Risk Factors
- Potential shareholder dilution from ATM share issuances
- Risk that the Aquarion acquisition may not close by the extended deadline
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-067209 |
| Document: d745372d8k.htm | 0001193125-26-067209 |
| Document: d745372dex21.htm | 0001193125-26-067209 |
| Document: 0001193125-26-067209-index-headers.html | 0001193125-26-067209 |
| Document: 0001193125-26-067209-index.html | 0001193125-26-067209 |
| Document: 0001193125-26-067209.txt | 0001193125-26-067209 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 8-K | — | awaiting T+60 | — | — |
Oct 19, 2026 7d ago | 8-K | $53.70 | awaiting T+60 | — | $55.15 (+2.70%) |
Aug 3, 2026 12w ago | Press Release | $53.61 | awaiting T+60 | — | $55.15 (+2.87%) |
Jun 30, 2026 16w ago | Press Release | $52.45 $50.84 | ▼ −3.07% | ▼ −5.94% | $55.15 (+5.15%) |
May 27, 2026 21w ago | 8-K | $51.04 $53.17 | ▲ +4.17% | ▲ +2.44% | $55.15 (+8.05%) |
May 5, 2026 24w ago | 8-K | $49.28 $53.94 | ▲ +9.46% | ▲ +7.40% | $55.15 (+11.91%) |
Apr 29, 2026 25w ago | 8-K | $51.63 $55.58 | ▲ +7.64% | ▲ +3.53% | $55.15 (+6.81%) |
Apr 21, 2026 26w ago | Press Release | $51.75 $54.41 | ▲ +5.14% | ▼ −1.76% | $55.15 (+6.57%) |
Feb 24, 2026 34w ago | 8-K | $51.84 $51.33 | ▼ −0.98% | ▼ −7.93% | $55.15 (+6.39%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers