The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
ChartZero

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Thu., Jul. 28, 8:14 PM

Slide #6. Cedar Realty Trust, Inc. Secondary Offering

Company: Cedar Realty Trust, Inc. (NYSE:CDR)
Date announced: 7/26/2016
Shares Offered: 5,000,000
Date of Pricing: 7/26/2016
Price Per Share: $7.86
Secondary Offering Details: Cedar Realty Trust, Inc. (NYSE: CDR the "Company") announced today the commencement of a public offering of 5.0 million shares of the Company's common stock on a forward basis in connection with the forward sale agreement described below. The Company will also grant the underwriter a 30-day option to purchase up to an additional 750,000 shares of common stock. All of the shares of common stock will be offered under the Company's existing shelf registration statement filed with the Securities and Exchange Commission. -updated 7/26- Cedar Realty Trust, Inc. (NYSE: CDR the "Company") announced today the pricing of its underwritten public offering of 5.0 million shares of its common stock on a forward basis in connection with the forward sale agreement described below, which will result in approximately $39.3 million of gross proceeds (assuming such forward sale agreement is physically settled in full) before any underwriting compensation and offering expenses. The offering is expected to close on or about August 1, 2016, subject to customary closing conditions. The underwriter has been granted a 30-day option to purchase up to an additional 750,000 shares of common stock.

Cedar Realty Trust is a real estate investment trust that focuses primarily on ownership and operation of grocery-anchored shopping centers straddling the Washington, DC to Boston corridor. Cedar Realty Trust Partnership, L.P. (the Operating Partnership) is the entity through which Co. conducts all of its business and owns (either directly or through subsidiaries) substantially all of its assets. At Dec 31 2015, Co. owned a 99.6% economic interest in, and was the sole general partner of, the Operating Partnership. At Dec 31 2015, Co. owned and managed a portfolio of 60 operating properties (excluding properties held for sale).

CDR SEC Filing Email Alerts Service

Preferreds: CDR.PRA, CDR.PRB


Open the CDR Page at The Online Investor »

Company Name:  Cedar Realty Trust, Inc.
Website:  www.cedarrealtytrust.com
Sector:  REITs
Number of ETFs Holding CDR:  40
Total Market Value Held by ETFs:  $62.59M
Total Market Capitalization:  $685.00M
% of Market Cap. Held by ETFs:  9.14%
 

Open the CDR Page at The Online Investor (in a new window) »

July 28, 2016    8:14 PM Eastern
Quotes delayed 20 minutes



Hold (2.50 out of 4)
21st percentile
(ranked lower than approx. 79% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings | www.TheOnlineInvestor.com | Copyright © 1998 - 2016, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.