WATSCO INC
For the period ended Jun 30, 2025. Filed Aug 8, 2025.
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Jun 30, 2025 · Filed Aug 8, 2025
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Unregistered Sales of Equity Securities and Use of Proceeds
Recent Sales of Unregistered Securities
On May 1, 2025, we issued 7,400 shares of Common stock to the seller in partial consideration for our acquisition of certain assets and assumption of certain liabilities of SIE. See Note 5 to our condensed consolidated unaudited financial statements contained in Part I, Item 1 of this Quarterly Report on Form
10-Q.
The shares issued to the seller have not been registered under the Securities Act and were offered by the Company in reliance upon the exemption from registration contained in Section 4(a)(2) of the Securities Act. SIE represented to the Company that it was an “accredited investor” as defined in Rule 501(a) under the Securities Act and that it was acquiring the shares for investment and not with a view to the distribution thereof in violation of the Securities Act.
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