FrontView REIT, Inc. Announces Closing of Initial Public Offering
FrontView REIT, Inc. (FVR)
Company Research
Source: PR Newswire
DALLAS, Oct. 3, 2024 /PRNewswire/ -- FrontView REIT, Inc. (the "Company" or "FrontView") (NYSE: FVR) today announced the closing of its underwritten initial public offering of 13,200,000 shares of its common stock at a public offering price of $19.00 per share. The net proceeds from the offering were approximately $231.9 million, after deducting underwriting discounts and commissions and estimated expenses payable by the Company. The Company intends to use the net proceeds from the offering to repay borrowings outstanding under its revolving credit facility and term loan credit facility. Following such uses, the Company expects to use any remaining net proceeds for general business and working capital purposes, including potential future acquisitions.The Company's common stock began trading on the New York Stock Exchange on October 2, 2024, under the ticker symbol "FVR".Morgan Stanley, J.P. Morgan, Wells Fargo Securities and BofA Securities acted as joint book-running managers for the
Show less
Read more
Impact Snapshot
Event Time:
FVR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FVR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FVR alerts
High impacting FrontView REIT, Inc. news events
Weekly update
A roundup of the hottest topics
FVR
News
- FrontView REIT Announces Third Quarter 2024 Results and Strong Acquisition Pipeline [Yahoo! Finance]Yahoo! Finance
- FrontView REIT Announces Third Quarter 2024 Results and Strong Acquisition PipelineBusiness Wire
- FrontView REIT, Inc. (NYSE: FVR) is now covered by analysts at Capital One Financial Co.. They set an "overweight" rating and a $22.00 price target on the stock.MarketBeat
- FrontView REIT, Inc. (NYSE: FVR) is now covered by analysts at Wells Fargo & Company. They set an "overweight" rating and a $22.00 price target on the stock.MarketBeat
- FrontView REIT, Inc. (NYSE: FVR) is now covered by analysts at Morgan Stanley. They set an "overweight" rating and a $23.00 price target on the stock.MarketBeat
FVR
Sec Filings
- 11/21/24 - Form 4
- 11/18/24 - Form 8-K
- 11/14/24 - Form 10-Q
- FVR's page on the SEC website