Reported Earlier, Innovative Industrial Properties Prices 2M Shares Of 9.25% Series B Cumulative Redeemable Preferred Stock At $25.00 Per Share For $50M Gross Proceeds
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Why It Matters
Innovative Industrial Properties sold new preferred stock to raise $50 million. This is a way companies get cash without borrowing traditional loans.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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