NETSTREIT Corp. (NTST) Launches 9M Share Offering

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Go back to NETSTREIT Corp. (NTST) Launches 9M Share Offering

NETSTREIT Corp. (NTST) Prices Upsized 9M Share Offering at $22.25/sh

January 11, 2022 5:19 AM EST

NETSTREIT Corp. (NYSE: NTST) announced today that it has priced a public offering of 9,000,000 shares of its common stock at a price to the public of $22.25 per share in connection with the forward sale agreements described below. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of common stock. The offering is expected to close on January 13, 2022, subject to customary closing conditions.

BofA Securities, Citigroup, Stifel and Wells Fargo Securities are acting as the book-running managers and representatives of the underwriters for the offering. Jefferies, KeyBanc... More