Company: MSEX
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047381
Chunk: 30

Company: MIDDLESEX WATER CO
Filing Date: 2025-05-12
Form: 424B5
Chunk 30
---
 resources;                                                                  |
| - | timely availability of materials and supplies for operations and critical infrastructure projects;           |
| - | effectiveness of internal control over financial reporting; and                                              |
| - | other factors discussed elsewhere in our filings with the SEC.                                               |

For an additional discussion
of factors that may affect the Company’s business and results of operations, see the “Risk Factors” section in this
prospectus.

Given these uncertainties,
readers should not place undue reliance on our forward-looking statements. These forward-looking statements speak only as of the date
on which the statements were made and are not guarantees of future performance. Except as may be required by applicable law, we do not
undertake to update any forward-looking statements after the date of this prospectus or the respective dates of documents incorporated
by reference herein or therein that include forward-looking statements.

| 7 |

<div align='center'>USE OF PROCEEDS</div>

Unless we otherwise specify
in the applicable prospectus supplement, we intend to use the net proceeds from the sale of the securities we may offer by this prospectus
to fund our capital expenditures, to purchase and maintain plant equipment, as well as for other general corporate purposes. Our management
will have broad discretion in the use and allocation of net proceeds from the sale of any securities sold by us.

| 8 |

<div align='center'>DESCRIPTION OF OUR CAPITAL STOCK</div>

General

The following description
of certain terms of our capital stock does not purport to be complete and is subject to, and qualified in its entirety by reference to,
our restated certificate of incorporation, as amended, our by-laws as amended, and the applicable provisions of the New Jersey Business
Corporation Act. Our restated certificate of incorporation, as amended, and a copy of our by-laws, as amended, are incorporated by reference
as exhibits to the registration statement of which this prospectus forms a part. We encourage you to read our restated certificate of
incorporation, as amended, and our by-laws, as amended, in their entirety.

As of April 30, 2025,
our authorized capital stock consists of 40,000,000 shares of Common Stock, no par value; 120,357 shares of Preferred Stock, no par value;
and 100,000 shares of Preference Stock, no par value. As of April 29, 2025, 17,920,178 shares of Common Stock were outstanding. As
of