QTS Realty Trust, Inc. Announces Pricing of Public Offering of Common Stock by a Selling Stockholder


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QTS Realty Trust, Inc. (the "Company") (NYSE: QTS) today announced the pricing of an underwritten public offering of 2,400,000 shares of its Class A common stock by a selling stockholder affiliated with General Atlantic LLC. The selling stockholder has also granted the underwriter a 30-day option to purchase an aggregate of up to an additional 360,000 shares of common stock. The underwriter may offer the shares of common stock from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The Company will not receive any proceeds from this offering. The last reported sale price of the Company's Class A common stock on August 10, 2015 was $42.12 per share. The shares are expected to be delivered on or about August 14, 2015, subject to customary closing conditions.The offering is being made pursuant to a shelf registration statement on Form S-3 that was previously filed with the Securities and Exchange Commission and became effective on November 25, 2014. A prospectus supplement relating to the offering will be filed with the Securities and Exchange Commission. Deutsche Bank Securities Inc. is serving as the sole underwriter for the offering. A copy of the preliminary prospectus supplement, final prospectus supplement (when available) and the accompanying prospectus may be obtained from: Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005, via telephone: 1-800-503-4611 or via email: prospectus.cpdg@db.com.This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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