ITEM 8.01. OTHER EVENTS
On March 31, 2022, The York Water Company (the “Company”) issued a press release announcing a proposed public offering of shares of the
Company’s common stock, no par value (the “Offering”). A copy of such press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
In addition, the Company and its underwriters for the Offering are using an electronic roadshow investor presentation concerning the Company
and the Offering, which is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
Neither the disclosures in this Current Report on Form 8-K nor the exhibits hereto shall constitute an offer to sell or the solicitation of an
offer to buy the securities described herein and therein, nor shall there be any sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
Cautionary Statement Regarding Forward-Looking Information
Certain statements contained in this Form 8-K and the exhibits hereto constitute “forward-looking statements” within the meaning of Section 21E of the
Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933. Words such as "may," "should," "believe," "anticipate," "estimate," "expect," "intend," "plan" and similar expressions are intended to identify forward-looking
statements. These forward-looking statements include certain information relating to the Company’s business strategy and future prospects; including, but not limited to:
• the amount and timing of rate increases and other
regulatory matters including the recovery of costs recorded as regulatory assets;
• expected profitability and results of operations;
• trends;
• goals, priorities and plans for, and cost of,
growth and expansion;
• strategic initiatives;
• availability of water supply;
• water usage by customers; and
• the ability to pay dividends on common stock and
the rate of those dividends.
The forward-looking statements in this investor presentation reflect what the Company currently anticipates will happen. What actually happens could differ
materially from what it currently anticipates will happen. The Company does not intend to make a public announcement when forward-looking statements are no longer accurate, whether as a result of new information, what actually happens in the future
or for any other reason. Important matters that may affect what will actually happen include, but are not limited to:
• changes in weather, including drought conditions
or extended periods of heavy rainfall;
• natural disasters, including pandemics such as
the current outbreak of the novel strain of coronavirus known as “COVID-19” and the effectiveness of the Company’s pandemic plans;
• levels of rate relief granted;
• the level of commercial and industrial business
activity within the Company's service territory;
• construction of new housing within the Company's
service territory and increases in population;
• changes in government policies or regulations,
including the tax code;
• the ability to obtain permits for expansion
projects;
• material changes in demand from customers,
including the impact of conservation efforts which may impact the demand of customers for water;
• changes in economic and business conditions,
including interest rates;
• loss of customers;
• changes in, or unanticipated, capital
requirements;
• the impact of acquisitions;
• changes in accounting pronouncements;
• changes in the Company’s credit rating or the
market price of its common stock; and
• the ability to obtain financing.
You should also refer to the risk factors and cautionary statements described in other documents that we file from time to time with the SEC, including in our
most recent Annual Report on Form 10-K for the year ended December 31, 2021. York’s SEC filings are accessible on the SEC website at www.sec.gov.