Plymouth Industrial REIT (PLYM) IPO Opens Modestly Lower

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Go back to Plymouth Industrial REIT (PLYM) IPO Opens Modestly Lower

Plymouth Industrial REIT, Inc. Prices Initial Public Offering

June 8, 2017 6:58 PM EDT

BOSTON--(BUSINESS WIRE)-- Plymouth Industrial REIT, Inc. (Plymouth) today announced the pricing of its initial public offering of 2,900,000 shares of common stock at a public offering price of $19.00 per share. In connection with the offering, Plymouth granted the underwriters of the offering a 30-day over-allotment option to purchase up to an additional 435,000 shares at the initial public offering price, less the underwriting discount. The shares are expected to begin trading tomorrow, June 9, 2017, on the NYSE MKT under the symbol PLYM. The offering is expected to close on June 14, 2017, subject to the satisfaction of certain customary closing conditions.

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