24.01.2020 23:46:00

Innovative Industrial Properties Boosts Size of New Stock Issue by 48%

A unique business in the realm of marijuana stocks, Innovative Industrial Properties (NYSE: IIPR) has priced its upcoming share issue, and expanded it at the same time.One day after announcing that it would float 2 million shares in a public offering of its common stock, on Friday the company said that the planned offer had grown to 2,967,799 shares. These are being sold at a price of $73.25 per share, in an issue that should close on or about Jan. 28.Image source: Getty ImagesContinue reading
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