Gladstone Land (LAND) plans stock offering | REITs Message Board Posts

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Msg  12057 of 12544  at  6/19/2019 9:02:45 PM  by

E_K_S


Gladstone Land (LAND) plans stock offering

 

Gladstone Land plans stock offering; shares fall 3.4%

|About: Gladstone Land Corporation (LAND)|By:, SA News Editor

Gladstone Land (NASDAQ:LAND) slumps 3.4% in after-hours trading as it announces plans to sell shares of its common stock in a public offering.

Also plans greenshoe option.

Intends to use net proceeds to repay existing debt, which, in turn, will be used to fund future property acquisitions and other general corporate purposes.



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Msg # Subject Author Recs Date Posted
12058 Re: Gladstone Land (LAND) plans stock offering rlp2451 0 6/19/2019 9:30:56 PM


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