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Postal Realty Trust Announces Pricing of Upsized Follow-On Offering


Postal Realty Trust Announces Pricing of Upsized Follow-On Offering
Postal Realty Trust Announces Pricing of Upsized Follow-On Offering
Postal Realty Trust, Inc. (NYSE: PSTL) (the Company), an internally managed real estate investment trust that owns properties leased primarily to the United States Postal Service (the USPS), today announced the pricing of an upsized underwritten public offering of 3,250,000 shares of its Class A common stock at a price to the public of $15.25 per share. As part of the offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 487,500 shares of Class A common stock. The offering is expected to close on January 14, 2021, subject to customary closing conditions. ....

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