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0 0 -0.000377073906485596 -0.000377073906485596 -0.000377073906485596 0.0180957767722474 0.0180957767722474 0.0407239819004526
Stock impact report

Seaport Entertainment Group Announces Rights Offering for Common Stock

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” or “Company”) announced today that its Board of Directors (the “Board”) has approved a plan to proceed with and fixed a record date for a $175.0 million rights offering (the “Rights Offering”) to purchase up to 7,000,000 shares of its common stock.The Rights Offering will give Company stockholders as of the record date 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. Company stockholders who exercise their respective full basic subscription rights will have over-subscription privileges 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 ove Show less Read more
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