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Home Business News NETSTREIT Corp. Announces Closing of IPO Over-allotment Option

NETSTREIT Corp. Announces Closing of IPO Over-allotment Option

DALLAS–()–NETSTREIT Corp. (the “Company”), announced today the closing of an additional 1,436,829 shares of its common stock pursuant to the partial exercise of the underwriters’ over-allotment option in connection with the Company’s initial public offering. The additional shares of common stock were sold at the initial public offering price of $18.00 per share. Total net proceeds to the Company from the initial public offering, including the sale of the over-allotment shares and after deducting underwriting discounts and commissions and other offering expenses payable by the Company, were approximately $227.8 million. The Company’s common stock trades on the New York Stock Exchange under the ticker…

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