- Pricing on the 4M share offering was at $13.54 per share, with underwriters having an option to purchase another 600K of the common. Net proceeds to Whitestone (WSR -6.1%) are expected to be about $52M. The offering will add about 27% to the stock float, assuming the greenshoe option is exercised.
- Press release.
Whitestone tumbles after secondary offering
Oct 3 2013, 09:49 ET