Plymouth Industrial REIT Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares
Plymouth Industrial REIT, Inc. (PLYM)
NASDAQ:AMEX Investor Relations:
ir.plymouthreit.com
Company Research
Source: Business Wire
BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT, Inc. (NYSE American: PLYM) (the “Company”) today announced the closing of its previously announced public offering of common stock. The Company issued 3,450,000 shares, including 450,000 shares pursuant to the full exercise of the underwriters’ option to purchase additional shares. The Company sold an aggregate of 3,450,000 shares of common stock in the offering at a public offering price of $18.00 per share, resulting in net proceeds to the Company of approximately $58.8 million, after deducting underwriting commissions and offering expenses payable by the Company. Plymouth intends to use the net proceeds from this offering to repay, in whole or in part, amounts outstanding under its secured revolving credit facility, to fund acquisitions and for general corporate purposes.Barclays, KeyBanc Capital Markets and J.P. Morgan acted as joint book-running managers for the offering. D.A. Davidson & Co., National Securities Corporation,
Show less
Read more
Impact Snapshot
Event Time:
PLYM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PLYM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PLYM alerts
High impacting Plymouth Industrial REIT, Inc. news events
Weekly update
A roundup of the hottest topics
PLYM
News
- 3 Industrial REITs With Yields Up to 4.8% and Track Records of Dividend Growth [Yahoo! Finance]Yahoo! Finance
- The Game-Changing Power Of Building Your Strengths [Forbes]Forbes
- Plymouth (PLYM) Drives Growth With Solid Leasing Activity in Q1 [Yahoo! Finance]Yahoo! Finance
- Plymouth Industrial REIT Provides Activity Update for First Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- Plymouth Industrial REIT Provides Activity Update for First Quarter 2024GlobeNewswire
PLYM
Earnings
- 2/21/24 - In-Line
PLYM
Sec Filings
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- 3/18/24 - Form 4
- PLYM's page on the SEC website