Stock Archives

Vereit Inc. upsizes stock to 60,000,000 shares

by in AZRE Magazine | Finance & RE Law

Vereit Inc. (NYSE: VER) priced an underwritten public offering of 60,000,000 shares of common stock in an effort to repay amounts of outstanding debt, according to a company announcement. The Phoenix-based real estate firm expects to gross approximately $621 million from the underwritten upsize. The Company intends to use the net proceeds of this offering to… Read More →

Advantages and disadvantages of an IPO


The closing concludes and a company suddenly has $50 million cash in its bank account from the sale of its stock.  Champagne corks are popped and celebration ensues―for a brief period.  “Going public” is an exciting event for all involved and may provide many advantages to the company’s operations.  However, being a public company has… Read More →