Summit Hotel Props (INN) Announces 13M Offering

Article Related Press Releases (1) Stock Quotes (1) Comments (0)

Summit Hotel Properties, Inc. (NYSE: INN) announced the commencement of an underwritten public offering of 13,000,000 shares of its common stock, par value $0.01 per share. The Company intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 1,950,000 shares. The shares will be offered pursuant to the Company’s effective shelf registration statement on Form S-3 that was previously filed with the Securities and Exchange Commission.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Tesla (TSLA) convertible note sale raised from $525 million to $600 million - DJ
• Ducommun (DCO) Files $500M Mixed Shelf
• Cyclacel Pharmaceuticals (CYCC) Announces Stock Offering

Create E-mail Alert Related Categories

Equity Offerings

Related Entities

S3

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?