other material
confidence high
sentiment negative
materiality 0.70
NETSTREIT Corp. launches new $300M at-the-market stock offering program
NETSTREIT Corp.
- Entered into ATM equity offering sales agreement for up to $300M aggregate offering price of common stock.
- Prior ATM program terminated; one unsettled forward confirmation for 5,983,711 shares remains until Sept 2024.
- Net proceeds to be contributed to operating partnership for general corporate purposes, including acquisitions.