Safehold Inc. (SAFE) Announces Public Offering and Concurrent Private Placement
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Safehold Announces Public Offering and Concurrent Private Placement
November 18, 2019 4:15 PM ESTNEW YORK--(BUSINESS WIRE)-- Safehold Inc. (NYSE: SAFE) (the Company) announced today that it has commenced an underwritten public offering to sell 2,000,000 shares of its common stock. The Company intends to grant the underwriters in the offering a 30-day option to purchase up to an additional 300,000 shares of its common stock.
Concurrently with the completion of the public offering, the Company will sell to iStar Inc. (NYSE: STAR), in a private placement, a number of shares of common stock equal to 65% of the total number of shares... More
