BrightSpire Capital (BRSP) Prices 30.36M Share Secondary Offering at $6/sh

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BrightSpire Capital, Inc. Prices Secondary Offering by DigitalBridge Group, Inc.

February 28, 2023 10:30 PM EST

NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (BrightSpire Capital or the Company) announced today the pricing of a secondary offering of 30,358,213 shares of its Class A common stock by a selling stockholder affiliated with DigitalBridge Group, Inc. (DigitalBridge) at a public offering price of $6.00 per share. The offering is expected to close on March 3, 2023, subject to customary closing conditions. Additionally, DigitalBridge has granted the underwriters a 30-day option to purchase up to 4,553,731 additional shares of the Companys Class A common stock at the public offering price, less underwriting discounts and... More