SmartStop Self Storage REIT Announces Public Offering of Common Stock
Business Wire•09/11/2026•16:03 ET
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Key Highlights
- ➤SmartStop (SMA) commenced an underwritten offering of 7,000,000 common shares
- ➤Underwriters may purchase up to 1,050,000 additional shares within 30 days
- ➤Forward sale agreements could deliver SmartStop up to 8,050,000 shares
- ➤Settlement proceeds may fund investments, acquisitions, and debt repayments
- ➤SmartStop expects settlement no later than September 30, 2028
SmartStop Self Storage REIT Announces Public Offering of Common Stock
SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), a self-managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced today that it has commenced an underwritten public offering of 7,000,000 shares of its common stock, par value $0.001 per share, in connection with the forward sale agreements described below.
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