CorEnergy Infrastructure Trust Closes Sale of Added 1.95M Shares Related to Over-Allotment

Loading...
Loading...
CorEnergy Infrastructure Trust, Inc.
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.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsOfferings
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...