1 min read
Add as a preferred source on Google

SmartStop Prices 8.15 Million Shares at $37 in Expanded Sale

The offering grew from 7 million shares. Closing is expected Thursday, Nov. 12.

A half-open storage door breaks a row of closed units / TokenPost.ai
A half-open storage door breaks a row of closed units / TokenPost.ai

SmartStop Self Storage REIT, Inc. priced 8.15 million common shares at $37 each, expanding its planned offering by 1.15 million shares.

The earlier plan covered 7 million shares, making the final count about 16% higher. SmartStop trades on the New York Stock Exchange under the ticker SMA.

SmartStop expects the offering to close Nov. 12.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…