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The company intends to use the net proceeds from this offering to acquire additional target assets in accordance with its objectives, strategies and for other general corporate purposes. The company may invest the net proceeds from this offering in interest-bearing short-term investments, including funds that are consistent with its qualification as a REIT. These investments are expected to provide a lower net return than it will seek to achieve from the company's target assets. The company may also use a portion of the net proceeds for general corporate purposes. Although the company currently have no intention of doing so, prior to the time the company have fully used the net proceeds of this offering, the company may fund its monthly cash dividends out of such net proceeds. |
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Agent(s) | B. Riley FBR, Inc. | 310,000 | 7,756 |
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Issuer's Counsel | Holland & Knight, LLP | Underwriter's Counsel | Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates | Auditor(s) | Deloitte & Touche, LLP | Clearing House(s) | Depository Trust Company |
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