Casella Waste Systems Announces Proposed Public Offering of Class A Common Stock
Casella intends to use the net proceeds from the offering for general corporate purposes, including potential acquisitions or development of new operations or assets with the goal of complementing or expanding its business, working capital and capital expenditures.
The shares are being offered by Casella pursuant to an effective automatic shelf registration statement (including a prospectus) that was previously filed with the
Copies of the preliminary prospectus supplement and accompanying prospectus relating to the offering may also be obtained from
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, 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 of these securities under the securities laws of any such state or jurisdiction.
Safe Harbor Statement
Certain matters discussed in this press release, including, among others, our expectations regarding the completion of the proposed public offering and our intended use of proceeds from the offering, are “forward-looking statements” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified as such by the context of the statements, including words such as “believe,” “expect,” “anticipate,” “plan,” “may”, “would”, “intend,” “estimate,” “will” and other similar expressions. All of these forward-looking statements are based on current expectations and estimates and management's beliefs and assumptions. There can be no assurance that Casella will be able to complete the proposed offering. Such forward-looking statements involve a number of risks and uncertainties, including, among other things, risks and uncertainties relating to the satisfaction of customary closing conditions related to the proposed public offering, and the impact of general economic, industry or political conditions in
Chief Financial Officer
Source: Casella Waste Systems, Inc.