Alkaline Water announces plans to price a public offering of its units

H.C. Wainwright raises funds for machine purchases and working capital

By Devika Patel

Knoxville, Tenn., Nov. 27 - Alkaline Water Co. Inc. will price a public sale of units, according to a Form S-1 filed Wednesday with the Securities and Exchange Commission.

The company will sell units of one common share and a half-share warrant.

H.C. Wainwright & Co., LLC is the agent.

Proceeds will be used to purchase alkaline generating electrolysis system machines and a bottling plant, redeem preferred stock and for working capital.

The water products company is based in Scottsdale, Ariz.

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