H2O America Files 8-K for Material Agreement

TL;DR

H2O America just filed a material definitive agreement 8-K. Big moves ahead?

AI Summary

H2O America, formerly SJW Group, filed an 8-K on September 16, 2025, reporting an entry into a material definitive agreement and financial statements. The company, incorporated in Delaware with its principal executive offices in San Jose, CA, operates in the Water Supply industry.

Why It Matters

This filing indicates a significant new agreement for H2O America, which could impact its operations and financial performance.

Risk Assessment

Risk Level: low — The filing is a standard disclosure of a material agreement and financial statements, not indicating immediate operational or financial distress.

Key Numbers

• 001-08966 — SEC File Number (Identifies the company's filing history with the SEC.)
• 77-0066628 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• H2O America (company) — Registrant
• SJW Group (company) — Former company name
• SJW CORP (company) — Former company name
• September 16, 2025 (date) — Date of Report
• 110 West Taylor Street, San Jose, CA 95110 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.001 — ich registered Common Stock, par value $0.001 per share HTO Nasdaq Global Select Mark
• $300 million — the Credit Agreement) is increased from $300 million to $350 million. the Maturity Date (as
• $350 million — ment) is increased from $300 million to $350 million. the Maturity Date (as defined in the
• $50,000,000 — to the following amounts: the Company: $50,000,000 SJWC: $165,000,000 SJWTX: $30,000,000
• $165,000,000 — ounts: the Company: $50,000,000 SJWC: $165,000,000 SJWTX: $30,000,000 CWC: $80,000,000
• $30,000,000 — $50,000,000 SJWC: $165,000,000 SJWTX: $30,000,000 CWC: $80,000,000 MWC: $25,000,000 T
• $80,000,000 M — $165,000,000 SJWTX: $30,000,000 CWC: $80,000,000 MWC: $25,000,000 The description above
• $25,000,000 — TX: $30,000,000 CWC: $80,000,000 MWC: $25,000,000 The description above is only a summa

Filing Documents

• sjw-20250916.htm (8-K) — 29KB
• h2o-amendedandrestatedcred.htm (EX-10.1) — 1051KB
• image_0.jpg (GRAPHIC) — 4KB
• image_1.jpg (GRAPHIC) — 7KB
• 0000766829-25-000092.txt ( ) — 1389KB
• sjw-20250916.xsd (EX-101.SCH) — 2KB
• sjw-20250916_lab.xml (EX-101.LAB) — 22KB
• sjw-20250916_pre.xml (EX-101.PRE) — 13KB
• sjw-20250916_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement On September 12, 2025, H2O America (the "Company"), San Jose Water Company, a wholly-owned subsidiary of the Company ("SJWC"), and SJWTX, Inc. ("SJWTX"), The Connecticut Water Company ("CWC"), and The Maine Water Company ("MWC), each an indirect wholly-owned subsidiary of the Company (the Company, SJWC, SJWTX, CWC, and MWC, together, the "Borrowers"), entered into an Amendment and Restated Credit Agreement (the "Credit Agreement") with JPMorgan Chase Bank, N.A., as administrative agent and a lender, and Wells Fargo Bank, National Association, as administrative agent, and the other lenders party thereto. The Credit Agreement amends and restates the Credit Agreement, dated as of August 2, 2022, by and among the Company, SJWC, SJWTX, Connecticut Water Service, Inc., the lenders from time to time party hereto, JPMorgan Chase Bank, N.A., as Administrative Agent, and Wells Fargo Bank, National Association, as Documentation Agent (the "Existing Credit Agreement"). The Credit Agreement reflects terms generally similar to the Existing Credit Agreement with the following updates: the Commitment (as defined in the Credit Agreement) is increased from $300 million to $350 million. the Maturity Date (as defined in the Credit Agreement) is extended from August 2, 2029 to September 12, 2030 the Borrower sublimits are revised to the following amounts: the Company: $50,000,000 SJWC: $165,000,000 SJWTX: $30,000,000 CWC: $80,000,000 MWC: $25,000,000 The description above is only a summary of the material provisions of the Credit Amendment and is qualified in its entirety by reference to the Credit Amendment, which is filed as Exhibit 10.1 hereto, and is incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Description of Documents 10.1 Credit Agreement, dated September 12 , 2025, between H2O America, San Jose Water Company, SJWTX, Inc., The Connecticut Water Company, and The Maine Water Company, JPMorgan Chase Bank, N.A., as administrative agent and a lender, and Wells Fargo Bank, National Association, as Administrative Agent, and the other lenders party thereto. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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 thereunto duly authorized. H2O America Date: September 16, 2025 /s/ Ann P. Kelly Ann P. Kelly Chief Financial Officer and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR