Innovative Industrial Properties Prices Public Offering of 9.25% Series B Cumulative Redeemable Preferred Stock

Impact · against what's priced in

Innovative Industrial Properties has secured $50 million in capital through a preferred stock offering. While the capital infusion is positive, it introduces a fixed annual dividend obligation of $4.625 million.

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In context

Innovative Industrial Properties Prices Public Offering of 9.25% Series B Cumulative Redeemable Preferred Stock

What matters in this story

PesoRama Announces $25 Million Bought Deal and Filing of Prospectus Supplement Prospectus Supplement and Base Shelf Prospectus Accessible on SEDAR+

Innovative Industrial Properties Prices Public Offering of 9.25% Series B Cumulative Redeemable Preferred Stock

What matters in this story

PesoRama Announces $25 Million Bought Deal and Filing of Prospectus Supplement Prospectus Supplement and Base Shelf Prospectus Accessible on SEDAR+

How each ticker is affected

Track these names every morning.

Vaxcyte Announces Pricing of Concurrent Public Offerings of Common Stock, Pre-Funded Warrants and Convertible Senior Notes

PesoRama Announces C$25 Million Bought Deal Public Offering

Presidio Property Trust Announces Expiration and Results of Exchange Offer for All Outstanding Shares of its Series D Preferred Stock

Maverick Gold and Silver Announces Non-Brokered Private Placement of up to C$1,100,000

Innovative Industrial Properties Prices Public Offering of 9.25% Series B Cumulative Redeemable Preferred Stock

What matters in this story

Next reads from the same story arc

PesoRama Announces $25 Million Bought Deal and Filing of Prospectus Supplement Prospectus Supplement and Base Shelf Prospectus Accessible on SEDAR+

Innovative Industrial Properties Prices Public Offering of 9.25% Series B Cumulative Redeemable Preferred Stock

What matters in this story

Next reads from the same story arc

PesoRama Announces $25 Million Bought Deal and Filing of Prospectus Supplement Prospectus Supplement and Base Shelf Prospectus Accessible on SEDAR+

How each ticker is affected

Track these names every morning.

Vaxcyte Announces Pricing of Concurrent Public Offerings of Common Stock, Pre-Funded Warrants and Convertible Senior Notes

PesoRama Announces C$25 Million Bought Deal Public Offering

Presidio Property Trust Announces Expiration and Results of Exchange Offer for All Outstanding Shares of its Series D Preferred Stock

Maverick Gold and Silver Announces Non-Brokered Private Placement of up to C$1,100,000