Terreno Realty Updates At the Market Equity Program

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.

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For a comprehensive understanding of the announcement, you can read the full document here.