other material
confidence high
sentiment neutral
materiality 0.30
DigitalBridge files prospectus supplement for resale of up to 8.2M shares for exchangeable notes due 2025
DigitalBridge Group, Inc.
- Prospectus supplement covers resale of 8,236,140 Class A common shares by selling stockholders.
- Shares were issued in exchange for 5.75% Exchangeable Senior Notes due 2025 originally placed privately in July 2020.
- Legal opinion from Hogan Lovells US LLP on the legality of the registered shares filed as Exhibit 5.1.
- No new capital raise; the filing registers existing shares for secondary trading only.