Chesapeake Utilities Corporation Announces $100 Million At-The-Market Equity Offering Program

Core Viewpoint - Chesapeake Utilities Corporation has established an at-the-market equity offering program to sell shares of its common stock with an aggregate sales price of up to $100,000,000 for various corporate purposes [1]. Group 1: Offering Details - The equity offering will be conducted under the existing shelf registration statement on Form S-3ASR filed with the SEC [2]. - The offering will be made through a prospectus supplement, and potential investors are encouraged to read the prospectus for complete information [2]. Group 2: Use of Proceeds - Proceeds from the sale of shares will be used for general corporate purposes, including financing capital expenditures, repaying short-term debt, financing acquisitions, investing in subsidiaries, and general working capital [1]. Group 3: Company Overview - Chesapeake Utilities Corporation is a diversified energy delivery company listed on the New York Stock Exchange, providing sustainable energy solutions through various services including natural gas transmission and distribution, electricity generation and distribution, and propane gas distribution [5].