NETSTREIT Corp. Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares
Vinson & Elkins advised the underwriters to NETSTREIT Corp. (the Company) in connection with a public offering of 10,915,688 shares of the Company’s common stock, which includes the full exercise of the underwriters’ over-allotment option to purchase an additional 1,423,785 shares, at a price to the public of $18.65 per share. The offering was upsized from the previously announced public offering of 8,000,000 shares of common stock.
The offering closed on April 12, 2021.
The V&E team was led by partners Daniel LeBey and Chris Green with assistance from associates Bekah Briggs and Austin Scieszinski and senior staff attorney Ashton Harris. Providing tax advice on the deal was partner Chris Mangin, senior associate Paige Anderson and associate Christina McLeod.
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