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Essential Properties Realty Trust, Inc. Announces Public Offering of Common Stock

1. EPRT is offering 8,000,000 shares via underwritten public offering. 2. Wells Fargo and BofA are the underwriters for this offering.

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FAQ

Why Bearish?

Public offerings often dilute existing shares, leading to potential price declines. Historical examples show significant drops post-offering announcements, impacting shareholder value.

How important is it?

The share offering could create short-term bearish sentiment, influencing trading behavior and stock price.

Why Short Term?

The effects of dilution and market reaction typically surface immediately after announcement. Investors often react quickly to share issuance.

Related Companies

WFCBAC
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that it has commenced an underwritten public offering of 8,000,000 shares of its common stock on a forward basis in connection with the forward sale agreements described below. Wells Fargo Securities and BofA Securities are acting as the underwriters for the offering. In connection with the offering, the Company expects to enter into forward sale agreements with Wells Fargo Secu.

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