other material
confidence high
sentiment neutral
materiality 0.50
National Storage Affiliates issues 179,354 Series A-1 preferred units for self-storage acquisition
National Storage Affiliates Trust
- Issued 179,354 6.000% Series A-1 cumulative redeemable preferred units as partial consideration for one self-storage property.
- Total Series A-1 Preferred Units outstanding after transaction: 1,212,340 as of October 10, 2023.
- Issuance exempt from registration under Section 4(a)(2) of the Securities Act.
- Holders may redeem units for cash or equivalent Series A preferred shares after a lock-up period.