Company: MSEX
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001174947-25-001119
Chunk: 118

Company: MIDDLESEX WATER CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 2
Chunk 118
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 October 3, 2025 and it is expected that the Court will issue an Order Granting Final Approval
of the Class Action Settlement Agreement shortly after this final hearing date. The Company does not believe that the now-executed and
filed Class Settlement Agreement has any material financial or operational impact to Middlesex.

    Item 1A.
    Risk Factors

The information about risk factors does not differ
materially from those set forth in Part I, Item 1A. of the Company’s Annual Report on Form 10-K for the year ended December 31,
2024.

    Item 2.
    Unregistered Sales of Equity Securities and Use of Proceeds

None.

    Item 3.
    Defaults Upon Senior Securities

None.

    Item 4.
    Mine Safety Disclosures

Not applicable.

    Item 5.
    Other Information

    (a)
    None.

    (b)
    None.

    (c) Insider Trading Arrangements and Policies - During the three months ended June 30, 2025, no director or officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K. 

29 

    Item 6.
    Exhibits

    10.17(e)
    Seventh Amendment to Promissory Note and Supplement, dated as of July 24, 2025, between Tidewater Utilities, Inc. and CoBank, ACB.

    10.25
    The Middlesex Water Company Investment Plan, filed as pages S-9 through S-24 of the Company’s Prospectus Supplement dated as of July 29, 2025.

    10.61 
    At the Market Equity Offering Sales Agreement dated May 12, 2025 by and among Bank of America  Securities, Inc., Robert W. Baird & Co. Incorporated, and Janney Montgomery Scott LLC and Middlesex Water Company, filed as Exhibit 1.1 of the Compaany’s Current Report on Form 8-K dated May 12, 2025.

    31.1
    Section 302 Certification by Nadine Leslie pursuant to Rules 13a-14 and 15d-14 of the Securities Exchange Act of 1934.

    31.2 
    Section 302 Certification by Mohammed G. Zerhoun