Global Water Resources, Inc. (NASDAQ: GWRS), today announced it has commenced an underwritten public offering of shares of its common stock.

The company anticipates using the net proceeds from the offering to fund acquisitions and for working capital and other general corporate purposes.

All shares are being offered by the company. In addition, the company expects to grant the underwriter for the offering a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the offering at the public offering price, less underwriting discounts and commissions.

Roth Capital Partners is acting as sole manager for the offering.

The offering will be made pursuant to a registration statement on Form S-3 that was declared effective by the Securities and Exchange Commission (SEC) on Aug. 22, 2017. A preliminary prospectus supplement and accompanying base prospectus relating to and describing the terms of the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov.

The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the offering may be obtained, when available, from Roth Capital Partners, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660; (800) 678-9147. The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC.