Essential Properties Realty Trust Inc Files For Mixed Shelf Offering; Size Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Essential Properties Realty Trust Inc (EPRT) has filed for a mixed shelf offering, according to an SEC filing. The size of the offering has not been disclosed.
June 17, 2024 | 8:05 pm
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Essential Properties Realty Trust Inc (EPRT) has filed for a mixed shelf offering, which allows the company to issue various types of securities. The size of the offering has not been disclosed, which introduces some uncertainty regarding the potential dilution of existing shares.
The filing for a mixed shelf offering indicates that EPRT may issue new securities, which could lead to dilution of existing shares. However, the lack of disclosed size means the impact is uncertain. Investors may react cautiously until more details are provided.
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