secwatch.observer — SEC 8-K summary
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Issuer:     NewLake Capital Partners, Inc. (NLCP)
CIK:        0001854964
Form:       8-K
Filed at:   2021-08-23T23:59:59+00:00
Accession:  0001193125-21-254017
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854964/000119312521254017/0001193125-21-254017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854964/000119312521254017/d195480d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-254017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer