other material
confidence high
sentiment neutral
materiality 0.60
Postal Realty Trust closes public offering of 4.8875M shares at $17/share
Postal Realty Trust, Inc.
- Underwriting agreement signed Nov 16 for 4,250,000 shares; underwriters fully exercised option for additional 637,500 shares on Nov 17.
- Total shares issued: 4,887,500 at $17 per share, raising approximately $83.1 million in gross proceeds.
- Offering closed on November 19, 2021, conducted under Form S-3 registration statement.
- J.P. Morgan Securities and Stifel acted as representatives of the underwriters.