North America Real Estate - Capital Offerings
Gladstone Commercial inks agreement to sell common stock November 04, 2009 6:59 PM ET By Zeeshan Murtaza
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Gladstone Commercial Corp. said Nov. 4 that it entered into an open market sale agreement with Jefferies & Co. Inc. Under the agreement, Gladstone may from time to time offer and sell shares of its common stock with an aggregate sales price of up to $25 million. The sales will be executed by means of ordinary brokers' transactions on the NASDAQ Global Market or otherwise at market prices, in privately negotiated transactions, crosses or block transactions or such other transactions as may be agreed between the company and Jefferies & Co., including a combination of these transactions. |