Seaport Entertainment Group Announces Closing of Rights Offering
Seaport Entertainment Group Inc. (SEG)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Seaport Entertainment Group Inc. (NYSE American: SEG) (the “Seaport Entertainment Group,” “SEG” or “Company”) announced today the closing of its successful $175.0 million rights offering (the “Rights Offering”), which expired at 5:00 PM, New York City time, on October 10, 2024.Pursuant to the terms of the Rights Offering, 6,509,084 shares of the Company’s common stock, par value $0.01 per share (“Common Stock”) are being purchased pursuant to the exercise of basic subscription rights, and, of the 7,575,528 additional shares of Common Stock subscribed for under the over-subscription privilege, 490,916 additional shares of Common Stock are being purchased. Overall, the Rights Offering was over-subscribed, with total demand of 14,084,612 shares.In the aggregate, the Company is issuing 7,000,000 shares of Common Stock at the subscription price of $25.00 per whole share for gross proceeds of $175.0 million to the Company. The Company expects to use the procee
Show less
Read more
Impact Snapshot
Event Time:
SEG
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
SEG 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
SEG alerts
High impacting Seaport Entertainment Group Inc. news events
Weekly update
A roundup of the hottest topics
SEG
News
- INVESTIGATION NOTICE: Kaskela Law LLC Announces Stockholder Investigation of Seaport Entertainment Group Inc. (NYSE:SEG) and Encourages Investors to Contact the FirmAccesswire
- Seaport Entertainment Group Reports Third Quarter 2024 ResultsBusiness Wire
- Seaport Entertainment Group Announces Preliminary Results of Rights OfferingBusiness Wire
- Seaport Entertainment Group Announces Commencement of Rights OfferingBusiness Wire
- Seaport Entertainment Group Announces Rights Offering for Common StockBusiness Wire
SEG
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- 11/7/24 - Form 10-Q
- SEG's page on the SEC website