STAG Industrial (STAG) PT Raised to $47 at Raymond James
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STAG Industrial (STAG) Announces Proposed 8M Share Offering
November 3, 2021 4:06 PM EDTSTAG Industrial, Inc. (NYSE: STAG) today announced the commencement of an underwritten public offering of an aggregate of 8,000,000 shares of its common stock, consisting of 5,250,000 shares offered directly by the Company and 2,750,000 shares offered on a forward basis in connection with the forward sale agreement described below. The forward purchaser (or its affiliate) and the Company intend to grant the underwriters of the offering a 30-day option to purchase up to an additional 1,200,000 shares of common stock.
The Company intends to use the net proceeds from the offering and the net... More
