Essential Properties Realty Trust (EPRT) Announces Proposed 17.25M Share Secondary Offering
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Essential Properties Realty Trust, Inc. Announces Secondary Offering of Common Stock
July 15, 2019 4:04 PM EDTPRINCETON, N.J.--(BUSINESS WIRE)-- Essential Properties Realty Trust, Inc. (NYSE:EPRT; the Company) announced today that certain selling stockholders affiliated with Eldridge Industries (the Selling Stockholders) have commenced an underwritten secondary public offering of 17,250,000 shares of common stock. In addition, the Selling Stockholders are expected to grant the underwriters a 30-day option to purchase up to an additional 2,587,500 shares of common stock. The Company is not selling any shares and will not receive any proceeds from such offering.
Citigroup is acting as the sole underwriter of the offering.
The offering of the common stock is being... More
