Middlesex Water Co. Files 8-K, Confirms NASDAQ Listing for MSEX

TL;DR

**Middlesex Water Co. filed a routine 8-K, confirming its MSEX stock is still listed on NASDAQ.**

AI Summary

Middlesex Water Company filed an 8-K on January 17, 2024, to report an "Other Event." This filing primarily serves to update its registration information, confirming its Common Stock, No Par Value, trades under the symbol MSEX on The NASDAQ Stock Market, LLC. This matters to investors because it reaffirms the company's compliance with SEC regulations and its continued listing on a major exchange, providing transparency and liquidity for shareholders.

Why It Matters

This filing confirms Middlesex Water Company's continued compliance with SEC regulations and its listing on NASDAQ, which is crucial for maintaining investor confidence and market liquidity.

Risk Assessment

Risk Level: low — This is a routine administrative filing with no new material financial or operational information, indicating very low risk.

Analyst Insight

A smart investor would view this as a routine administrative filing that confirms ongoing compliance and market listing, but it provides no new material information to warrant a change in investment strategy.

Key Players & Entities

• MIDDLESEX WATER COMPANY (company) — the registrant filing the 8-K
• MSEX (company) — the trading symbol for Middlesex Water Company's Common Stock
• The NASDAQ Stock Market, LLC (company) — the exchange where Middlesex Water Company's stock is registered
• January 17, 2024 (date) — the date of the report

FAQ

Key Financial Figures

• $34 million — al base water revenues by approximately $34 million. The provisional rates will increase cu
• $17.7 million — overall rate increase of approximately $17.7 million. The provisional rates are temporary a

Filing Documents

• form8k-31359_msx.htm (8-K) — 20KB
• 0001174947-24-000035.txt ( ) — 188KB
• msex-20240117.xsd (EX-101.SCH) — 3KB
• msex-20240117_lab.xml (EX-101.LAB) — 33KB
• msex-20240117_pre.xml (EX-101.PRE) — 22KB
• form8k-31359_msx_htm.xml (XML) — 3KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: January 17, 2024 MIDDLESEX WATER COMPANY (Exact name of registrant as specified in its charter) New Jersey 0-422 22-1114430 (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) 485C Route 1 South , Suite 400 , Iselin , New Jersey 08830 (Address of Principal Executive Offices) (Zip Code) 732 - 634-1500 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, No Par Value MSEX The NASDAQ Stock Market, LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item. 8.01 Other Events On January 10, 2024, Middlesex Water Company ("Middlesex" or "the Company") submitted written notice to the New Jersey Board of Public Utilities ("BPU") of the Company's plan to implement provisional rates for water service effective February 15, 2024, while the BPU reviews the Company's rate change filing. In May 2023, Middlesex filed a petition with the BPU seeking permission to increase annual base water revenues by approximately $34 million. The provisional rates will increase customer charges by approximately 16.22%. This results in an overall rate increase of approximately $17.7 million. The provisional rates are temporary and will remain in effect until such time as the BPU renders its final decision on the Company's case cited above and currently pending at the New Jersey Office of Administrative Law. At the conclusion of the Company's case, should the approved rates be lower than the provisional rates, the Company will refund, with interest, any amount billed in excess of the approved rates. 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 of the undersigned hereunto duly authorized. MIDDLESEX WATER COMPANY (Registrant) /s/A. Bruce O'Connor A. Bruce O'Connor Sr. Vice President, Treasurer and Chief Financial Officer Dated: January 17, 2024

View Full Filing

View this 8-K filing on SEC EDGAR