- Gladstone Land Corporation (NASDAQ:LAND) announces plans to sell common shares in a public offering to pay down debt, and fund future property acquisitions.
- Janney Montgomery Scott is acting as sole book-running manager for the offering, and Gladstone will grant the underwriter a 30-day option for additional shares in order to cover over-allotments.
- Shares of Gladstone Land are down 4% after hours
- Source: Press Release
Gladstone Land down 4% on share sale
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Symbol | Last Price | % Chg |
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LAND | - | - |
Gladstone Land Corporation |