---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-254017"
form_type: "8-K"
ticker: "NLCP"
cik: "0001854964"
company_name: "NewLake Capital Partners, Inc."
filed_at: "2021-08-23T23:59:59+00:00"
generated_at: "2026-06-29T08:29:26.732590+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NewLake Capital Partners closes IPO raising $102M, begins trading on OTCQX under 'NLCP'

## Summary
- Closed IPO of 3,905,950 shares at $26.00/share for gross proceeds of approximately $102 million.
- Shares begin trading on OTCQX Best Market under symbol 'NLCP' on August 20, 2021.
- Proceeds to be used to acquire cannabis cultivation, processing facilities, and dispensaries.
- Portfolio: 27 properties across 10 states, 100% leased; key tenants include Curaleaf, Cresco Labs, Trulieve.
- Management led by Gordon DuGan (former CEO of Gramercy Property Trust) and David Weinstein.

## SEC filing metadata
- accession: 0001193125-21-254017
- form_type: 8-K
- ticker: NLCP
- cik: 0001854964
- company_name: NewLake Capital Partners, Inc.
- filed_at: 2021-08-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854964/000119312521254017/0001193125-21-254017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854964/000119312521254017/d195480d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-254017
- JSON: https://secwatch.observer/filing/0001193125-21-254017.json
- Plain text: https://secwatch.observer/filing/0001193125-21-254017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.