NETSTREIT Corp. (NTST) Launches 9M Share Offering

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Go back to NETSTREIT Corp. (NTST) Launches 9M Share Offering

NETSTREIT Corp. Announces Launch of Public Offering of Common Stock

January 10, 2022 4:12 PM EST

DALLAS--(BUSINESS WIRE)-- NETSTREIT Corp. (the Company) announced today that it has commenced a public offering of 8,000,000 shares of its common stock in connection with the forward sale agreements described below, which is subject to market and other conditions. In connection with the offering, the Company also intends to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock.

BofA Securities, Citigroup, Stifel and Wells Fargo Securities are acting as the book-running managers for the offering.

The Company expects to enter into forward sale agreements with affiliates of BofA Securities and... More