WilmerHale Advises Casella Waste Systems in Public Offering of Common Stock

WilmerHale Advises Casella Waste Systems in Public Offering of Common Stock

Client News
On January 28, 2019, Casella Waste Systems, Inc. (NASDAQ:CWST), a regional solid waste, recycling and resource management services company, announced the closing of its previously announced underwritten public offering of shares of its Class A common stock, including the full exercise of the underwriters’ option to purchase an additional 465,000 shares at a public offering price of $29.50 per share, before offering discounts. The exercise of the underwriters’ option to purchase additional shares brought the total number of shares of Class A common stock sold by Casella in the offering to 3,565,000 and increased the aggregate gross proceeds from the offering to $105.2 million, before deducting underwriting discounts and offering expenses.

WilmerHale represented Casella, with Jeff Stein leading the legal advisory team that included Julie Hogan Rodgers, Scott Lunin, Rebecca Chang and Cabell Massey.

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