Postal Realty Trust enters $50M ATM equity offering; terminates prior sale agreements

on November 4, 2022, we delivered written notice to each of the Jefferies LLC, Stifel, Nicolaus & Company, Incorporated, BMO Capital Markets Corp. and Janney Montgomery Scott LLC (the “Prior Sales Agents”) that, effective on November 4, 2022, we are terminating our open market sale agreements, dated December 14, 2020, with each of the Prior Sales Agents (the “Prior Sale Agreements”), pursuant to Section 7(b) of the Prior Sale Agreements

On November 4, 2022, Postal Realty Trust, Inc. (the “Company,” “we,” “us” and “our”) and Postal Realty LP (the “Operating Partnership”) entered into separate open market sale agreements (each, a “Sale Agreement” and, collectively, the “Sale Agreements”) with each of Jefferies LLC (“Jefferies”), BMO Capital Markets Corp. (“BMO”), Janney Montgomery Scott LLC, Stifel, Nicolaus & Company, Incorporated and Truist Securities, Inc. (“Truist”), as sales agents (each, a “Sales Agent” and, collectively, the “Sales Agents”), each of Jefferies, Bank of Montreal and Truist Bank, as forward purchasers (each, a “Forward Purchaser” and, collectively, the “Forward Purchasers”), and Jefferies, BMO and Truist, as forward sellers (each, in its capacity as agent for its affiliated Forward Purchaser, a “Forward Seller” and, collectively, the “Forward Sellers”), providing for the offer and sale of shares of the Company’s Class A common stock, par value $0.01 per share (the “Shares”), having an aggregate gros