Strawberry Fields REIT prices public offering of 3,333,334 shares at $10.50/share for ~$35M gross proceeds

Strawberry Fields REIT, Inc.

Underwritten public offering of 3,333,334 shares at $10.50/share; gross proceeds approximately $35 million.
Underwriters granted 30-day option to purchase up to 500,000 additional shares at the same price.
Net proceeds to finance acquisitions, pay down existing debt, and for general corporate purposes.
Offering expected to close December 6, 2024, subject to customary closing conditions.
Janney Montgomery Scott leads as book-runner; Lake Street, Wedbush, Compass Point, and Colliers co-manage.

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