INDUS Realty Trust (INDT) Falls on 2M Share Stock Offering

Go back to INDUS Realty Trust (INDT) Falls on 2M Share Stock Offering

INDUS Realty Trust, Inc. (INDT) Prices Upsized 2.15M Share Offering at $66/sh

October 6, 2021 5:34 AM EDT

INDUS Realty Trust, Inc. (Nasdaq: INDT), a U.S. based industrial/logistics REIT, today announced the upsize and pricing of its public offering of 2,150,000 shares of its common stock at a price to the public of $66.00 per share. The underwriters also have been granted a 30-day option to purchase up to an additional 322,500 shares of common stock from INDUS at the public offering price, less underwriting discounts and commissions. The newly issued shares of common stock are expected to... More