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NETSTREIT Corp. Announces Pricing of Upsized Forward Common Stock Offering

1. NETSTREIT priced a public offering of 10,800,000 shares at $17.70 each. 2. Underwriters received a 30-day option for an additional 1,620,000 shares.

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FAQ

Why Bearish?

Public offerings often dilute existing shares, potentially leading to a price drop. Historical assessments show similar offerings in REITs have negatively affected share prices initially.

How important is it?

The public offering signals potential dilution, which investors often react to negatively. This offering's size and pricing can lead to increased volatility.

Why Short Term?

The immediate effect of dilution from a stock offering typically impacts prices quickly. For example, similar REIT offerings saw price corrections within weeks.

Related Companies

BofAW
DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (the “Company”) announced today that it has priced a public offering of 10,800,000 shares of its common stock at a public offering price of $17.70 per share in connection with the forward sale agreements described below. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,620,000 shares of common stock. The offering is expected to close on July 28, 2025, subject to customary closing conditions. BofA Securities and W.

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