Casella Waste Systems Enters Material Definitive Agreement
Ticker: CWST · Form: 8-K · Filed: Sep 18, 2024 · CIK: 911177
| Field | Detail |
|---|---|
| Company | Casella Waste Systems Inc (CWST) |
| Form Type | 8-K |
| Filed Date | Sep 18, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $100.00, $96.00, $431.4 million, $496.2 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, filing
Related Tickers: CWST
TL;DR
Casella Waste (CWST) signed a big deal, details to come.
AI Summary
Casella Waste Systems, Inc. announced on September 17, 2024, that it has entered into a material definitive agreement. The company also reported other events and filed financial statements and exhibits as part of this 8-K filing. Specific details regarding the agreement, financial performance, or other events were not disclosed in the provided text.
Why It Matters
This filing indicates a significant new contract or partnership for Casella Waste Systems, which could impact its future revenue and operations.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, which could involve significant financial commitments or strategic shifts, but the lack of specific details introduces uncertainty.
Key Players & Entities
- Casella Waste Systems, Inc. (company) — Registrant
- September 17, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Casella Waste Systems?
The provided filing text does not specify the details of the material definitive agreement.
When was the material definitive agreement entered into?
The material definitive agreement was entered into on September 17, 2024.
What other items are reported in this 8-K filing?
In addition to the material definitive agreement, the filing also reports other events and includes financial statements and exhibits.
What is Casella Waste Systems, Inc.'s principal executive office address?
Casella Waste Systems, Inc.'s principal executive offices are located at 25 Greens Hill Lane, Rutland, Vermont 05701.
What is the SEC file number for Casella Waste Systems, Inc.?
The SEC file number for Casella Waste Systems, Inc. is 000-23211.
Filing Stats: 1,282 words · 5 min read · ~4 pages · Grade level 12.2 · Accepted 2024-09-18 16:11:59
Key Financial Figures
- $0.01 — which registered Class A common stock, $0.01 par value per share CWST The Nasdaq
- $100.00 — he Underwritten Shares to the public is $100.00 per share, and the Underwriters agreed
- $96.00 — he Underwriting Agreement at a price of $96.00 per share. After deducting underwriting
- $431.4 million — he Underwritten Shares of approximately $431.4 million. Under the terms of the Underwriting
- $496.2 million — o receive net proceeds of approximately $496.2 million after deducting underwriting discounts
Filing Documents
- d895838d8k.htm (8-K) — 36KB
- d895838dex11.htm (EX-1.1) — 198KB
- d895838dex51.htm (EX-5.1) — 10KB
- d895838dex991.htm (EX-99.1) — 9KB
- g895838g48o75.jpg (GRAPHIC) — 2KB
- g895838g50v05.jpg (GRAPHIC) — 11KB
- 0001193125-24-221391.txt ( ) — 449KB
- cwst-20240917.xsd (EX-101.SCH) — 3KB
- cwst-20240917_lab.xml (EX-101.LAB) — 17KB
- cwst-20240917_pre.xml (EX-101.PRE) — 11KB
- d895838d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Exhibit Description 1.1 Underwriting Agreement, dated September 17, 2024, by and among Casella Waste Systems, Inc. and Raymond James & Associates, Inc., J.P. Morgan Securities LLC and Stifel, Nicolaus & Company, Incorporated, as representatives of the several underwriters listed on Schedule I thereto 5.1 Opinion of Wilmer Cutler Pickering Hale and Dorr LLP 23.1 Consent of Wilmer Cutler Pickering Hale and Dorr LLP (included in Exhibit 5.1) 99.1 Press release issued September 18, 2024 101.SCH Inline XBRL Taxonomy Extension Schema Document.** 101.CAL Inline XBRL Taxonomy Calculation Linkbase Document.** 101.LAB Inline XBRL Taxonomy Label Linkbase Document.** 101.PRE Inline XBRL Taxonomy Presentation Linkbase Document.** 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document.** 104 Cover Page Interactive Data File (formatted as inline XBRL with applicable taxonomy extension information contained in Exhibits 101). ** Submitted Electronically Herewith. Cautionary Note Regarding Forward-Looking Statements Certain matters discussed in this Current Report on Form 8-K, including, among others, the anticipated closing of the offering and the anticipated 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," "will," "would," "intend," "estimate," "guidance" and other similar expressions, whether in the negative or affirmative. Such forward-looking statements involve a number of risks and uncertainties, any one or more of which could cause actual results to differ materially from those described in the Company's forward-looking statements. Such risks and
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CASELLA WASTE SYSTEMS, INC. Date: September 18, 2024 By: /s/ Bradford J. Helgeson Bradford J. Helgeson Executive Vice President and Chief Financial Officer