WilmerHale Advises Casella Waste Systems in Public Offering of Common Stock
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.