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SmartStop Launches Public Offering of 7,000,000 Common Shares

PUBT·11/09/2026 21:14:43
SmartStop Launches Public Offering of 7,000,000 Common Shares
  • SmartStop Self Storage REIT launched an underwritten public offering of 7,000,000 common shares in connection with forward sale agreements.
  • Underwriters are expected to receive a 30-day option for 1,050,000 additional shares, bringing the potential total to 8,050,000 shares.
  • Expected forward purchasers are affiliates of J.P. Morgan and Wells Fargo Securities.
  • No proceeds will be received initially; physical settlement is expected no later than September 30, 2028.
  • Settlement proceeds are intended to fund pending investments and acquisitions, repay debt and support general corporate purposes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smartstop Self Storage Reit Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202611091603BIZWIRE_USPR_____20261109_BW287171) on November 09, 2026, and is solely responsible for the information contained therein.