Update on the IPO of this REIT- Four Springs Capital Trust

Company Overview

Four Springs Capital Trust is an internally managed REIT focused on acquiring, owning, and actively managing a portfolio of single-tenant, income producing industrial, medical, service/necessity retail and office properties throughout the United States that are subject to long-term net leases.

Latest update

On January 20,2022, the IPO of Four Springs Capital Trust, a commercial real estate investment trust (REIT) operator, has been put on hold due to market conditions. The company might provide updates as applicable.

The company had expected to begin trading on January 20, 2022, on the New York Stock Exchange under the proposed symbol “FSPR”. The $231.4 million/$266.5 million (if the underwriters exercise their option in full) Four Springs Capital Trust IPO was expected to offer 18 million common shares at a price range of $13 to $15 apiece, according to the company’s registration statement.

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