Phillips Edison & Company Announces Full Exercise of Underwriters’ Option to Purchase Additional Shares in Initial Public Offering
Including the exercise of the over-allotment option, PECO issued a total of 19,550,000 shares of common stock in the offering.
- Including the exercise of the over-allotment option, PECO issued a total of 19,550,000 shares of common stock in the offering.
- PECOs common stock began trading on the Nasdaq Global Select Market on July 15, 2021, under the ticker symbol PECO.
- BTIG, Capital One Securities, Fifth Third Securities, PNC Capital Markets LLC and Regions Securities LLC acted as co-managers for the offering.
- Phillips Edison & Company, Inc. (PECO) is one of the nations largest owners and operators of omni-channel grocery-anchored neighborhood shopping centers.