Plymouth Industrial REIT Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares
Plymouth Industrial REIT, Inc. (PLYM)
NASDAQ:AMEX Investor Relations:
ir.plymouthreit.com
Company Research
Source: Business Wire
BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT, Inc. (NYSE American: PLYM) (the “Company”) today announced the closing of its previously announced public offering of common stock. The Company issued 3,450,000 shares, including 450,000 shares pursuant to the full exercise of the underwriters’ option to purchase additional shares. The Company sold an aggregate of 3,450,000 shares of common stock in the offering at a public offering price of $18.00 per share, resulting in net proceeds to the Company of approximately $58.8 million, after deducting underwriting commissions and offering expenses payable by the Company. Plymouth intends to use the net proceeds from this offering to repay, in whole or in part, amounts outstanding under its secured revolving credit facility, to fund acquisitions and for general corporate purposes.Barclays, KeyBanc Capital Markets and J.P. Morgan acted as joint book-running managers for the offering. D.A. Davidson & Co., National Securities Corporation,
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News
- Plymouth Industrial REIT Adds to its Presence in Cincinnati with Acquisition of Small Bay Industrial Portfolio for $20.1 Million [Yahoo! Finance]Yahoo! Finance
- Plymouth Industrial REIT Adds to its Presence in Cincinnati with Acquisition of Small Bay Industrial Portfolio for $20.1 MillionGlobeNewswire
- Plymouth Industrial REIT Declares Dividend for the Fourth Quarter of 2024GlobeNewswire
- Plymouth Industrial REIT, Inc. (NYSE: PLYM) had its price target lowered by analysts at Truist Financial Co. from $27.00 to $22.00. They now have a "buy" rating on the stock.MarketBeat
- Plymouth Industrial REIT, Inc. (NYSE: PLYM) had its price target lowered by analysts at Barclays PLC from $25.00 to $22.00. They now have an "equal weight" rating on the stock.MarketBeat
PLYM
Earnings
- 11/6/24 - Miss
PLYM
Sec Filings
- 11/19/24 - Form 8-K
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- PLYM's page on the SEC website