Green Brick Partners, Inc. Announces Offering Of Depositary Shares And Series A Cumulative Perpetual Preferred Stock
PUBLIC · GRBKDec 15, 2021
Round Type
Series A
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Description
(NYSE: GRBK) Green Brick Partners, Inc., (the “Company”), today announced it has commenced an underwritten registered public offering of 2,000,000 depositary shares, each representing a 1/1000th fractional interest in a share of the Company’s Series A Cumulative Perpetual Preferred Stock, with a liquidation preference of $25.00 per depositary share, to raise anticipated gross proceeds of $50.0 million before deducting transaction expenses, subject to market and certain other conditions. The Company expects to grant the underwriters a 30-day option to purchase additional depositary shares in connection with the offering.
Company Information
Company
Green Brick Partners
Location
Plano, Texas, United States
About
The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances except as required by law.
Fundz sees it the moment Green Brick Partners raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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