other material
confidence high
sentiment neutral
materiality 0.70
Trinity Place Holdings launches rights offering up to 2.65M shares at $1.90 each
Trinity Place Holdings Inc.
- Stockholders receive 0.075118 rights per share held; each right allows purchase of one share at $1.90.
- Subscription period runs Nov 5 to Dec 3, 2021; rights are non-transferable.
- Oversubscription privilege available for unsubscribed shares, subject to proration.
- Rights offering capped at 2,650,000 shares, raising up to approx. $5.035M.