Artesian Resources (ARTNA -4.4%) trades lower after pricing its 800K secondary offering at a...

|About: Artesian Resources Corporat... (ARTNA)|By:, SA News Editor

Artesian Resources (ARTNA -4.4%) trades lower after pricing its 800K secondary offering at a 3.3% discount to Thursday's close. The company plans to use the proceeds to fund a paid-in capital contribution to its Artesian Water subsidiary, which will repay its debt.