other material
confidence high
sentiment neutral
materiality 0.40
NexPoint Residential updates ATM offering; $62.3M sold, $162.7M remaining
NexPoint Residential Trust, Inc.
- Sold 1,120,910 shares at aggregate $62.3M under ATM equity program through March 20, 2025.
- Up to $162.7M in common stock remains available for offer and sale under the updated prospectus supplement.
- Terminated equity distribution agreements with KeyBanc Capital Markets and Truist Securities effective March 20, 2025.
- Existing distribution agreements with Jefferies and Raymond James remain in place for the ATM offering.