Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Essential Properties Realty Trust, Inc. Announces Public Offering Of Common Stock; No Size Or Amount Disclosed

Author: Benzinga Newsdesk | March 11, 2024 04:02pm

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))))) announced today that it has commenced an underwritten public offering of 8,000,000 shares of its common stock on a forward basis in connection with the forward sale agreements described below.

BofA Securities, Wells Fargo Securities, Truist Securities and Mizuho are acting as the joint book-running managers for the offering.

In connection with the offering, the Company expects to enter into forward sale agreements with BofA Securities, Wells Fargo Securities, Truist Securities and Mizuho (or affiliates thereof) (the "forward purchasers"), with respect to 8,000,000 shares of the Company's common stock.

The underwriters have been granted a 30-day option, exercisable in whole or in part from time to time, to purchase up to an additional 1,200,000 shares of the Company's common stock. If the option to purchase additional shares of the Company's common stock is exercised, the Company expects to enter into one or more additional forward sale agreements with the forward purchasers in respect of the number of shares of the Company's common stock that are subject to exercise of the option to purchase additional shares.

Posted In: EPRT

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist