Seaport Entertainment Group (SEG) Announces Commencement of Rights Offering
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Seaport Entertainment Group Announces Commencement of Rights Offering
September 23, 2024 4:15 PM EDTNEW YORK--(BUSINESS WIRE)-- Seaport Entertainment Group Inc. (NYSE American: SEG) (the Seaport Entertainment Group, SEG or Company) announced today that it has commenced its previously announced $175.0 million rights offering (the Rights Offering) to purchase up to 7,000,000 shares of its common stock.
The Rights Offering gives Company stockholders as of the Record Date (as defined below) the opportunity to subscribe for their basic subscription amount of newly issued shares of the Companys common stock in proportion to their respective existing ownership amounts as of the Record Date. Company stockholders who exercise their respective full basic... More
