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CareTrust REIT Announces Offering of 17 Million Common Shares

The underwritten offering uses forward sale agreements and includes an option for up to 2.55 million additional shares.

By John Kim
Published
A blank share certificate rests beside a neat stack of papers / TokenPost.ai
A blank share certificate rests beside a neat stack of papers / TokenPost.ai

CareTrust REIT, Inc. announced Nov. 11 an underwritten public offering of 17 million common shares through forward sale agreements.

Underwriters can purchase up to 2.55 million additional shares. If all of those shares are purchased, the total would reach 19.55 million.

John Kim

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

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