IIPR files new $500M shelf registration; ATM offering continues with ~$489.9M remaining

INNOVATIVE INDUSTRIAL PROPERTIES INC

Filed new S-3ASR (No. 333-285148) to replace prior shelf that expired Jan 24, 2025.
ATM prospectus supplement dated Feb 26, 2025 continues offering of up to $500M of common and Series A Preferred.
As of Feb 26, shares with aggregate offering price of ~$489.9M remain available under the ATM.
Amended equity distribution agreements with BTIG, Jefferies, Piper Sandler, and Roth Capital.

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