Postal Realty Trust sets up USD 300 million at-the-market equity offering program
PSTL•Equity program details
Postal Realty Trust entered sales agreements for an at-the-market equity program of up to USD 300 million of Class A common stock.
Shares may be sold from time to time through sales agents, through forward sellers for forward purchasers, or directly to agents acting as principal.
How shares may be sold
Sales may occur on the NYSE or in other transactions at market prices, prices tied to market levels, or negotiated prices.
The agreements also allow forward sale agreements, including contingent and non-contingent structures, with banks acting as forward purchasers.
