other material
confidence high
sentiment neutral
materiality 0.60
BrightSpire Capital announces secondary offering of 34.9M shares by DigitalBridge affiliate at $6.00/share
BrightSpire Capital, Inc.
- Selling stockholder (DigitalBridge affiliate) to sell 30.4M shares, plus 4.6M option, at $6.00/share.
- BrightSpire will not receive any proceeds from the offering.
- Offering expected to close on March 3, 2023, subject to customary conditions.
- J.P. Morgan, Barclays, and BofA Securities are joint book-running managers.