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Aegis Capital Corp. acted as Sole Bookrunner on a $5 Million Underwritten Public Offering for The Alkaline Water Company Inc. (NASDAQ: WTER)

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The Alkaline Water Company has successfully completed a $5 Million Underwritten Public Offering, with Aegis Capital Corp. acting as the sole bookrunner. The company, known for its flagship product Alkaline88, specializes in providing premium alkaline water with a pH of 8.8 and trace minerals. Founded in 2012 and headquartered in Scottsdale, Arizona, the Alkaline Water Company emphasizes eco-friendly packaging options. The public offering aims to support the company's growth strategy and enhance its market presence.

Positive
  • Successful completion of a $5 million public offering.
  • Funds from the offering will support growth initiatives.
Negative
  • None.

NEW YORK, NY / ACCESSWIRE / May 9, 2022 / Aegis Capital Corp. acted as Sole Bookrunner on a $5 Million Underwritten Public Offering for The Alkaline Water Company Inc. (NASDAQ:WTER).

About The Alkaline Water Company Inc.

The Alkaline Water Company is the Clean Beverage® company making a difference in the water you drink and the world we share. Founded in 2012, The Alkaline Water Company (NASDAQ and CSE: WTER) is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88®, is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88® delivers perfect 8.8 pH alkaline drinking water with trace minerals and electrolytes and boasts our trademarked label "Clean Beverage." In 2021, The Alkaline Water Company was pleased to welcome Shaquille O'Neal to its board of advisors and to serve as the celebrity brand ambassador for Alkaline88®.

To learn more about The Alkaline Water Company, please visit www.thealkalinewaterco.com

The Alkaline Water Company Reports Record Third Quarter Results - BevNET.comAlkaline88

About Aegis Capital Corporation

Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services including investment banking, wealth management, insurance, retirement planning, structured products, private equity, alternatives, equity research, fixed income and special purpose vehicles.

For more information about this offering or Investment Banking Services please email Banking@aegiscap.com or call (212) 813-1010.

Aegis Capital Corp., Monday, May 9, 2022, Press release picture

www.aegiscapcorp.com

Brokerage and investment advisory services are offered through Aegis Capital Corporation, a member of FINRA and SIPC. Investment and insurance products offered are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

SOURCE: Aegis Capital Corp.



View source version on accesswire.com:
https://www.accesswire.com/700603/Aegis-Capital-Corp-acted-as-Sole-Bookrunner-on-a-5-Million-Underwritten-Public-Offering-for-The-Alkaline-Water-Company-Inc-NASDAQ-WTER

FAQ

What is the purpose of the $5 million public offering by WTER?

The $5 million public offering aims to support The Alkaline Water Company's growth initiatives and enhance its market presence.

Who acted as the bookrunner for the WTER public offering?

Aegis Capital Corp. acted as the sole bookrunner for the $5 million public offering for The Alkaline Water Company.

When was the public offering for WTER announced?

The public offering for The Alkaline Water Company was announced on May 9, 2022.

What is the significance of the Alkaline88 product for WTER?

Alkaline88 is the flagship product of The Alkaline Water Company, offering premium alkaline water with a pH of 8.8 and trace minerals.

How does the public offering impact WTER shareholders?

The public offering could lead to potential dilution of shares but aims to provide funds for the company's future growth.

ALKALINE WATER CO INC

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Beverages - Non-Alcoholic
Consumer Defensive
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United States of America
Scottsdale