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0.000355366027007874 0.000355366027007874 0.0312722103766881 -0.0227434257285004 -0.0227434257285004 -0.0227434257285004 -0.0227434257285004 -0.0227434257285004
Stock impact report

Seaport Entertainment Group Announces Commencement 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 that it has commenced its previously announced $175.0 million rights offering (the “Rights Offering”) to purchase up to 7,000,000 shares of its common stock.The Rights Offering gives Company stockholders as of the Record Date (as defined below) the opportunity to subscribe for their basic subscription amount of newly issued shares of the Company’s common stock in proportion to their respective existing ownership amounts as of the Record Date. Company stockholders who exercise their respective full basic subscription rights will have an over-subscription privilege giving such Company stockholders the option to subscribe for any shares of common stock that remain unsubscribed at the expiration of the Rights Offering, subject to certain ownership limitations. If the aggregate subscriptions (basic subscriptions plus over-subscriptions Show less Read more
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