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DOVER, Del. , Nov. 22, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK ) ("Chesapeake Utilities" or the "Company") today announced that it has established an at-the-market equity offering program (the "ATM Program") under which it may, from time to time, sell shares of its common stock having an aggregate sales price of up to $100,000,000 (the "Shares"). Chesapeake Utilities has entered into an equity distribution agreement with each of RBC Capital Markets, LLC, Barclays Capital Inc., Janney Montgomery Scott LLC, Ladenburg Thalmann & Co. Inc., Guggenheim Securities, LLC, Citizens JMP Securities, LLC, M&T Securities, Inc., Maxim Group LLC, PNC Capital Markets LLC, and Siebert Williams Shank & Co., LLC (collectively, the "Sales Agents"), as sales agents. Pursuant to the equity distribution agreement, sales of the Shares may be made in transactions deemed to be "at-the-market offerings," as defined in Rule 415 under the Securities Act of 1933, as amended, including by sales made directly on or through the New York Stock Exchange. Chesapeake Utilities intends to use the proceeds from the sales, if any, of the Shares for general corporate purposes, including, but not limited to, financing of capital expenditures, repayment of short-term debt, financing acquisitions, investing in subsidiaries, and general working capital purposes. The Shares will be offered under the Company's existing shelf registration statement on Form S-3ASR (File No.: 333-274284) filed with the Securities and Exchange Commission (the "SEC"). The offering is being made by means of a prospectus supplement to the prospectus contained in the registration statement. Before making an investment in the Shares, potential investors should read the prospectus and the prospectus supplement for more complete information about Chesapeake Utilities and the offering. Potential investors may obtain these documents for free by visiting EDGAR on the SEC's website at www.sec.gov . Alternatively, the Company or the Sales Agents will arrange, upon request, to send the prospectus. Please direct requests to: RBC Capital Markets, LLC by mail at 200 Vesey Street, 8th Floor, New York, NY 10281-8098, attention: Equity Syndicate, by email at [email protected] or by telephone at 877-822-4089. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. Forward-Looking Statements Matters included in this release may include forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those in the forward-looking statements. Please refer to the Safe Harbor for Forward-Looking Statements in the Company's 2023 Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the third quarter of 2024 for further information on the risks and uncertainties related to the Company's forward-looking statements. About Chesapeake Utilities Corporation Chesapeake Utilities Corporation is a diversified energy delivery company, listed on the New York Stock Exchange. Chesapeake Utilities Corporation offers sustainable energy solutions through its natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions, and other businesses. Contacts: Investors Beth W. Cooper Executive Vice President, Chief Financial Officer, Treasurer and Assistant Corporate Secretary 302.734.6022 Michael D. Galtman Senior Vice President and Chief Accounting Officer 302.217.7036 Noah T. Russell Assistant Vice President and Assistant Treasurer 302.387.9147 Media Alexander Nye Director, Strategic Communications 727.754.0136 [email protected] SOURCE Chesapeake Utilities Corporation
FORT MYERS, Fla. (AP) — Zavian McLean scored 18 points to lead FGCU and Michael Duax secured the victory with a free throw with 21 seconds left as the Eagles defeated Florida International 60-59 on Sunday. McLean shot 7 for 12, including 2 for 5 from beyond the arc for the Eagles (2-5). Rahmir Barno scored 11 points and added five assists and three steals. Jevin Muniz shot 2 of 7 from the field and 5 for 5 from the line to finish with nine points. Jayden Brewer finished with 18 points and eight rebounds for the Panthers (2-5). Jonathan Aybar added 12 points for Florida International. Dashon Gittens also had seven points and eight rebounds. McLean scored 14 points in the first half and FGCU went into the break trailing 30-29. Barno scored a team-high nine points for FGCU in the second half. FGCU outscored Florida International by two points over the final half. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .President-elect Donald Trump has asked the Supreme Court to delay the law that could ban TikTok until after his inauguration. In an amicus brief, Trump’s attorney D. John Sauer wrote that the future president wants the opportunity to find a solution to the problem “through political means.” The law requiring a ban or sale of TikTok is set to take effect on January 19, 2025 , just one day before Trump’s inauguration. The brief calls the ban date “unfortunately timed”and argues the incoming president should have more time to work on a deal with TikTok. TikTok’s legal team cited a similar concern in its requests for a delay of the ban. The brief also cites Trump’s “dealmaking” experience and his social media platform Truth Social. “President Trump alone possesses the consummate dealmaking expertise, the electoral mandate, and the political will to negotiate a resolution to save the platform while addressing the national security concerns expressed by the Government–concerns which President Trump himself has acknowledged,” Sauer writes. ADVERTISEMENT Advertisement Trump’s stance on a TikTok is much different from the one he took in his first term, when he pursued a ban of the app in 2020 . He also floated the idea that Microsoft could “work out a deal, an appropriate deal, so the Treasury of the United States gets a lot of money” without explaining exactly how such a deal would work. President Trump reversed his opinion on a TikTok ban during his second campaign. He told CNBC’s Squawk Box in March that banning TikTok would “make Facebook bigger and I consider Facebook to be an enemy of the people, along with a lot of the media.” The Supreme Court is scheduled to hear arguments on the ban on January 10. If you buy something through a link in this article, we may earn commission.
Rumble Stock Dips 11%, Insiders Seem To Have Made A Right Call By Selling EarlyCraig Berube's Recent Comments Seem to Confirm Fraser Minten's Immediate Future in Toronto
Brits warned of fireworks rule ahead of New Years Eve – as police say you could face 6 MONTHS behind barsOTTAWA—The Liberal government’s decision to cleave its controversial online harms legislation into two on Wednesday was framed by the federal justice minister as the quickest way to prioritize child safety in a Parliament he says the opposition Conservatives have plunged into paralysis. The widespread calls from civil liberties, human rights and religious minority groups to split up the bill were not one of the primary reasons Arif Virani said was behind the decision, though he acknowledged that some had been “suggesting” he make the move. “What we looked at in September was a parliamentary calendar that had three months’ worth of time. In three months’ worth of time, we’ve had exactly one day of debate dedicated to this bill. Is that frustrating for me? You’re absolutely right, that’s frustrating for me,” Virani told reporters. The legislation has been fraught with controversy from its earliest stages of development over The legislation at issue is the Trudeau Liberals’ proposed solution to dangerous content on the internet: a sweeping bill that has drawn praise for its efforts to hold social media platforms accountable for the content they host, and criticism for changes to the Criminal Code and Canadian Human Rights Act (CHRA) that some say polices free speech. On Wednesday, Virani announced that all four parts of the bill will be split into two groups. One legislative track will deal with the parts of the bill that mostly address harmful content directed at children. The first of those parts is the Online Harms Act, which would require social media platforms — including livestreaming and adult-content services — to minimize exposure to seven types of harmful content. Three of those categories focus on children: content used to bully a child, content that induces children to harm themselves, and content that sexually victimizes a child or revictimizes a survivor of child abuse. The remaining four deal with other harms: content in which intimate images (including deepfakes) are shared without consent, content that incites violent extremism or terrorism, content that incites violence and content that promotes hatred. That entire part of the legislation will be combined with another part of the original bill that proposes changes to how child pornography on the internet is reported and how those offences are handled. Those two sections of the bill have been widely viewed as the more acceptable parts of the legislation, by experts and opposition parties alike. But the decision means that the bill’s remaining two parts — proposed changes to the Criminal Code and the CHRA that have been deemed “ ” and poorly thought out — will be combined into one. The legislation had proposed creating a stand-alone hate crime offence that could be applied to every offence in the Criminal Code, and could come with a maximum penalty of life in prison. Other changes involved upping penalties for hate propaganda offences, such as increasing the maximum penalty for advocating for or promoting genocide from five years to life imprisonment. Ottawa has previously said the legislation is not intended to put people behind bars for life for expressing opinions, but instead would twin the new hate crime offence with existing Criminal Code offences already punishable by a maximum of life in prison. The new offence was partly meant, government officials have said, to improve how hate-motivated offences are tracked and prosecuted. The CHRA changes, meanwhile, would allow people to file online hate speech complaints — which could be enormous in volume — to the Canadian Human Rights Commission, which could result in financial penalties or content being removed. Virani justified the split as necessary in a House of Commons that has been waylaid by debate on a single issue — whether the Liberals should pony up more unredacted documents tied to a scandal-plagued green technology funding agency — for more than two months. The original legislation was tabled in late February, missing the deadline by which the Liberals promised to initially introduce the bill by two years. Virani said the parliamentary impasse made the Liberals “rethink” how they should use their time to get parts of the bill past the legislative finish line. “I’m not going to look at the face of Canadian parents, of Canadian children, and tell them that I’m not going to do everything I can to protect those kids,” Virani said. Angus Lockhart, a senior analyst with Toronto Metropolitan University’s policy institute, the Dais, said the move is a positive step forward, even if it’s indicative of “the time pressure of a government that’s running out of time.” The Canadian Civil Liberties Association (CCLA) welcomed the decision, saying in a statement that the more contentious parts of the legislation can now undergo the “focused scrutiny it deserves.” The CCLA was one of more than 20 groups and experts who , back in May, for the legislation to be split in two over free speech and other concerns. In spite of the criticism, particularly due to the Israel-Hamas war and its ripple effects in Canada, the federal government has insisted the changes on Canadians’ freedoms. Conservative justice critic Larry Brock told the Star in a statement that Virani was “desperately trying to salvage his deeply flawed legislation.” “We will repeal Trudeau’s draconian censorship laws and bring home protection of children and Canadians online while protecting the rights and freedoms of Canadians,” the statement read. It is not yet clear how the separation of a singular bill into two tracks will be handled by the House of Commons. Virani’s spokesperson said the minister was in talks with his opposition counterparts to determine how the bill already before the House, and whose text remains unchanged, could proceed through the remainder of the legislative process.
Houston is set to hire LSU assistant Slade Nagle as its offensive coordinator, reuniting him with coach Willie Fritz, sources confirmed to ESPN on Wednesday. Nagle worked under Fritz at Tulane from 2016 to 2023 and spent the final season as the team's offensive coordinator. He served as Tulane's interim coach for the Military Bowl after Fritz left to take the Houston job. Although Nagle was a candidate to join Fritz last winter, he ended up with LSU, coaching special teams and tight ends this season. Nagle replaces Kevin Barbay, who was fired before Houston's season finale at BYU. Houston finished 132nd out of 133 teams in scoring offense (14 points per game) and 129th in yards per game (284.4). Tulane finished 69th nationally in scoring last season. The 45-year-old Nagle is a Louisiana native who played quarterback at Clemson and McNeese State. He landed his first coordinator title at Texas State in 2010. Football Scoop first reported Nagle's expected hiring at Houston.
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