Middlesex Water Files 8-K for 'Other Events'

TL;DR

**Middlesex Water filed a generic 8-K for 'Other Events' on Feb 16, 2024, so keep an eye out for details.**

AI Summary

Middlesex Water Company filed an 8-K on February 16, 2024, under the Securities Exchange Act of 1934. The filing indicates an 'Other Events' item, suggesting a disclosure of information not covered by other specific 8-K items. The company, incorporated in New Jersey with IRS Employer Identification No. 22-1114430, maintains its principal executive offices at 485C Route 1 South, Suite 400, Iselin, New Jersey 08830.

Why It Matters

This filing ensures transparency by disclosing information deemed important by Middlesex Water Company, even if it doesn't fit standard categories, providing investors with timely updates.

Risk Assessment

Risk Level: low — The filing is for 'Other Events' without specific details, indicating a routine disclosure rather than an immediate high-impact event.

Key Players & Entities

• MIDDLESEX WATER COMPANY (company) — Registrant
• New Jersey (location) — State of incorporation
• February 16, 2024 (date) — Date of Report
• 22-1114430 (other) — IRS Employer Identification No.
• 485C Route 1 South , Suite 400 , Iselin , New Jersey 08830 (location) — Address of Principal Executive Offices

FAQ

Key Financial Figures

• $15.4 million — w Jersey Board of Public Utilities of a $15.4 million or 14.06% increase in its base water ra
• $563 million — urn on invested capital on rate base of $563 million. The return on equity portion of the ra

Filing Documents

• form8k-31555_msx.htm (8-K) — 20KB
• 0001174947-24-000229.txt ( ) — 187KB
• msex-20240216.xsd (EX-101.SCH) — 3KB
• msex-20240216_lab.xml (EX-101.LAB) — 33KB
• msex-20240216_pre.xml (EX-101.PRE) — 22KB
• form8k-31555_msx_htm.xml (XML) — 4KB

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: February 16, 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 MSEX NASDAQ 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 Announcement that on February 14, 2024, Middlesex Water Company received approval from the New Jersey Board of Public Utilities of a $15.4 million or 14.06% increase in its base water rates effective March 1, 2024. The new rates are designed to allow for a 6.64% overall rate of return on invested capital on rate base of $563 million. The return on equity portion of the rate of return was set at 9.6%. As a result of the NJBPU's approval of the rate increase, Middlesex will not implement provisional rates which, in the absence of a NJBPU Order, were previously scheduled to go into effect on February 15, 2024. 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: February 16, 2024

View Full Filing

View this 8-K filing on SEC EDGAR