8.00% Series A Cumulative Redeemable Preferred Stock
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Alpine Income Property Trust Announces Pricing of Public Offering of 8.00% Series A Cumulative Redeemable Preferred Stock
Globenewswire· 2025-11-06 06:55
WINTER PARK, Fla., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (“PINE” or the “Company”) today announced the pricing of a public offering of 2,000,000 shares of the Company’s 8.00% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) at a public offering price of $25.00 per share. The Series A Preferred Stock will have a $25.00 per share liquidation preference. PINE expects to receive gross proceeds of $50,000,000 from the sale of the Series A ...