NEW YORK CITY-American Realty Capital Properties,Inc.’s IPO has been declared effective by the USSecurities and Exchange Commission. The company is offering aminimum of 5.4 million shares and a maximum of 8.8 million shares.The purchase price is $12.50 per share, according to a news releaseannouncing the declaration.

The shares, listed on the NASDAQ Capital Market, will be onoffer no later than September 6, 2011 through ARCP’s dealermanagers, Realty Capital Securities, LLC andLadenburg Thalmann & Co. Inc.

ARCP executives, currently in a quiet period and on a road showfor the IPO, were not able to comment to GlobeSt.com.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.