Green Brick Partners (GRBK) Prices 2M ADS Offering at $25/ADS
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Green Brick Partners (GRBK) Announces 2M ADS Offering and Perpetual Preferred Stock Offering
December 16, 2021 6:07 AM EST(NYSE: GRBK) Green Brick Partners, Inc., today announced it has commenced an underwritten registered public offering of 2,000,000 depositary shares, each representing a 1/1000th fractional interest in a share of the Companys Series A Cumulative Perpetual Preferred Stock, with a liquidation preference of $25.00 per depositary share, to raise anticipated gross proceeds of $50.0 million before deducting transaction expenses, subject to market and certain other conditions. The Company expects to grant the... More
