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0 -0.0400416016640665 -0.0228809152366095 -0.0561622464898595 -0.0608424336973478 -0.0572022880915236 -0.0587623504940197 -0.0587623504940197
Stock impact report

Plymouth Industrial REIT Announces Proposed Offering of 3,000,000 Shares of Common Stock

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 that it intends to offer, subject to market and other conditions, 3,000,000 shares of its common stock. Plymouth intends to grant the underwriters a 30-day option to purchase up to an additional 450,000 shares of its common stock. 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 are acting as joint book-running managers for the offering.The shares are being offered pursuant to an effective shelf registration statement on Form S-3 filed with the Securities and Exchange Commission. The offering will be made only by means of a preliminary prospectus supplement and accompanying prospectus. Copies of the preliminary prospectus supplement and accompanying prospectus rel Show less Read more
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