InvenTrust closes $246M registered public offering of 9.2M shares of common stock

InvenTrust Properties Corp.

Issued and sold 9,200,000 shares (including 1,200,000 from full exercise of underwriters' option) in registered public offering.
Net proceeds of approximately $246.3 million after underwriting discounts and expenses.
Intends to use proceeds for general corporate purposes, including property acquisitions, debt repayment, and working capital.
Offering closed on September 25, 2024; underwriters led by J.P. Morgan, BofA Securities, and Wells Fargo Securities.

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