Modiv (MDV) Prices 40K Share Offering at $25/sh

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Go back to Modiv (MDV) Prices 40K Share Offering at $25/sh

Modiv Inc. Announces Pricing of a Public Offering of Common Stock

February 10, 2022 5:53 PM EST

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Modiv Inc. (Modiv), an internally managed real estate investment trust that acquires, owns and manages single-tenant net-lease industrial, retail and office real estate with a focus on strategically important and mission critical properties, today announced the pricing of an underwritten public offering of 40,000 shares of its Class C Common Stock at a price to the public of $25.00 per share. The shares of Class C Common Stock are expected to begin trading on February 11, 2022, on the New York Stock Exchange (NYSE) under the ticker symbol MDV, and the closing of the offering is expected to occur on... More