Form 424B5 - Prospectus [Rule 424(b)(5)]
29 Febbraio 2024 - 11:19PM
Edgar (US Regulatory)
Filed Pursuant to Rule 424(b)(5)
Registration No. 333-275134
Supplement dated February 29, 2024
To prospectus supplement dated October 30, 2023
(To prospectus dated October 30, 2023)
Postal Realty Trust, Inc.
Up to $150,000,000
Class A Common Stock
This supplement is being filed to update, amend
and supplement certain information in the prospectus supplement dated and filed with the Securities and Exchange Commission on October
30, 2023 (the “Prospectus Supplement”) and the base prospectus dated October 30, 2023 relating to the offer and sale of shares
of our Class A common stock, $0.01 par value (“common stock”), having an aggregate offering price of up to $150,000,000, pursuant
to the separate open market sale agreements (the “sale agreements”), dated November 4, 2022, each as amended on August 8,
2023 and as further amended or modified from time to time, with each of BMO Capital Markets Corp. (“BMO”), Jefferies LLC (“Jefferies”),
Stifel, Nicolaus & Company, Incorporated (“Stifel”) and Truist Securities, Inc. (“Truist”), as sales agents
(each, a “sales agent” and, collectively, the “sales agents”), each of Bank of Montreal, Jefferies and Truist
Bank, as forward purchasers (each, a “forward purchaser” and, collectively, the “forward purchasers”), and each
of BMO, Jefferies and Truist, as forward sellers (each, in its capacity as agent for its affiliated forward purchaser, a “forward
seller” and, collectively, the “forward sellers”). Capitalized terms used and not defined herein shall have the meanings
ascribed to such terms in the Prospectus Supplement.
As of the date of this supplement, we have issued
2,868,657 shares of common stock through the sale agreements for gross proceeds of approximately $42.8 million, leaving a remaining aggregate
offering amount of $107.2 million available for sale under the sale agreements.
On February 29, 2024, we entered into an amendment to the sale agreement with Stifel, pursuant to which Stifel shall become a forward purchaser and a forward
seller, and accordingly, any reference to “forward purchaser” or “forward seller” in the Prospectus Supplement
shall hereafter be deemed to include Stifel, as applicable.
Our common stock is listed on the New York Stock
Exchange (“NYSE”) under the symbol “PSTL.” The last reported sale price of our common stock on the NYSE on February
28, 2024 was $14.16 per share.
Certain legal matters will be passed upon for
us by Hunton Andrews Kurth LLP. Venable LLP will pass upon the validity of the shares of common stock offered hereby and certain other
matters of Maryland law. The sales agents, forward purchasers and the forward sellers are being represented in connection with this offering
by Morrison & Foerster LLP.
Jefferies |
|
BMO Capital Markets |
Stifel |
|
Truist Securities |
The date of this prospectus supplement is February 29, 2024
Grafico Azioni Postal Realty (NYSE:PSTL)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Postal Realty (NYSE:PSTL)
Storico
Da Dic 2023 a Dic 2024