New S-1
The Alkaline Water Company Inc.
9,000,000 Shares of Common Stock
Warrants to Purchase up to 3,000,000 Shares of Common Stock
3,000,000 Shares of Common Stock Underlying the Warrants
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We are offering up to 9,000,000 shares of our common stock and warrants to purchase up to 3,000,000 shares of our common stock. Each share of common stock we sell in the offering will be accompanied by one-third of a warrant to purchase one share of common stock. Each share of common stock and accompanying one-third of a warrant will be sold at a price of $?. The common stock and warrants are immediately separable and will be issued separately. This offering will terminate on ?, unless the offering is fully subscribed before that date or we decide to terminate the offering prior to that date. The offering price for the common stock and warrants and the exercise price of the warrants will remain fixed for the duration of the offering.
This is a best-efforts, self-underwritten offering. There is no minimum offering amount required as a condition to closing, therefore we are not required to sell any specific dollar amount or number of securities. Our directors and officers will use their best efforts to sell the securities being offered. No commission or other form of remuneration will be paid to our directors and officers or any other party in connection with the sale of these units. We will pay all expenses incurred in this offering.
We have not arranged to place the funds from this offering in an escrow, trust, or similar account. Because there is no minimum offering amount required as a condition to close this offering, we may not sell the entire amount of the securities being offered.
Our common stock is quoted on the OTC Markets Group’s OTCQB under the symbol “WTERD”. We do not intend to apply for listing of the warrants on any securities exchange and we do not expect that the warrants will be quoted on the OTCQB. On January 25, 2016, the closing price of our common stock on the OTCQB was $0.70 per share.
