Terreno Realty Corp (TRNO) has released an update.
Terreno Realty Corporation has refreshed its financial strategy by filing a new shelf registration statement and prospectus supplement with the SEC, updating its ongoing “at the market” equity offering program. The company is now poised to sell up to $500 million worth of its common stock through a team of prominent sales agents. So far, Terreno has successfully sold shares amounting to approximately $194 million, leaving a substantial portion of the offering, nearly $306 million, still available for future sales. This move signals Terreno’s continued effort to strengthen its market position and financial flexibility.
For further insights into TRNO stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.
