Colonial Properties Trust Completes Equity Offering Program

Colonial Properties Trust
  • Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
  • Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
  • Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.
Share Price: $0.80
Min. Investment: $1,000
Valuation: $3.5B
CLP
today announced that it has completed its at-the-market equity offering program, which resulted in the sale of 6,328,026 common shares generating net proceeds of approximately $99 million. The ATM was announced on July 30, 2010, and as of August 2, 2010 had issued 6,328,072 shares at an average price of $15.80 per share, including pending trades.
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