NETSTREIT Corp. (NTST) Launches 8M Share Offering

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NETSTREIT Corp. Announces Launch of Public Offering of Common Stock

January 9, 2024 4:05 PM EST

DALLAS--(BUSINESS WIRE)-- NETSTREIT Corp. (the Company) announced today that it has commenced a public offering of 8,000,000 shares of its common stock in connection with the forward sale agreements described below, which is subject to market and other conditions. In connection with the offering, the Company also intends to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock.

Wells Fargo Securities and BofA Securities are acting as joint book-running managers for the offering.

The Company expects to enter into forward sale agreements with affiliates of Wells Fargo Securities and BofA... More