CorEnergy Infrastructure Trust Closes Sale of Added 1.95M Shares Related to Over-Allotment
CorEnergy Infrastructure Trust, Inc. (NYSE: CORR) today announced that it has closed the sale of an additional 1,950,000 shares of common stock at $6.00 per share, less the underwriting discount. The additional shares were sold pursuant to an over-allotment option granted to the underwriters of CorEnergy's public offering of 13,000,000 shares, which closed on December 18, 2012.
CorEnergy received net proceeds of approximately $11 million for the over-allotment option. Including the public offering and over-allotment, CorEnergy now has 24,140,667 shares outstanding.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.