Independence Realty Trust, Inc. Announces Closing of Public Offering of 16,100,000 shares of Common Stock, Including Exercise in Full of Underwriters’ Option to Purchase Additional Shares
Independence Realty Trust, Inc. (NYSE: IRT) (IRT) today announced the closing of its previously announced underwritten public offering of 16,100,000 shares of common stock at a public offering price of $17.75 per share, including 2,100,000 shares sold pursuant to the exercise in full of the underwriters option to purchase additional shares of common stock.
- Independence Realty Trust, Inc. (NYSE: IRT) (IRT) today announced the closing of its previously announced underwritten public offering of 16,100,000 shares of common stock at a public offering price of $17.75 per share, including 2,100,000 shares sold pursuant to the exercise in full of the underwriters option to purchase additional shares of common stock.
- Regions Securities LLC, Ramirez & Co., Inc., Comerica Securities, Compass Point, Ladenburg Thalmann and Bancroft Capital acted as co-managers for the offering.
- IRT will not initially receive any proceeds from the sale of shares of its common stock by the forward purchaser or its affiliate in the offering.
- A registration statement relating to the offered securities has been declared effective by the Securities and Exchange Commission.