IPO - OFFICE PROPERTIES INCOME TRUST
Form Type: 424B5
Filing Date: 2025-03-14
Corporate Action: Ipo
Type: New
Accession Number: 000110465925023988
Filing Summary: On March 14, 2025, Office Properties Income Trust filed a prospectus supplement relating to an initial public offering (IPO) of common shares with a total sales price of up to $100,000,000. The company is engaging Clear Street LLC as the sales agent for this offering, which will be conducted as an 'at the market offering.' Investors can purchase shares through various methods, and the offering will continue until the earlier of the full sale of the shares or termination of the sales agreement. The offering includes a commission of 3.0% to the sales agent based on gross proceeds. The funds from this offering will be utilized for general business purposes and may be invested in short-term investments until used. The company, a REIT, emphasizes understanding inherent risks in securities investments, including potential dilution and volatility in share prices. The common shares are listed on Nasdaq under the symbol 'OPI.'
Document Link: View Document
Additional details:
Shares Offered: up to $100,000,000
Commission: 3.0%
Listing: Nasdaq
Listing Symbol: OPI
Proceeds Use: general business purposes
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