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Slideshow IPOs

By The Online Investor Staff, updated Tue., Jun. 27, 8:02 AM

Slide #3. Safety, Income and Growth, Inc. Initial Public Offering

Company: Safety, Income and Growth, Inc.
Proposed Symbol: SAFE
Shares Offered: 10,250,000
Price Per Share: $20.00
Over-Allotment: 1,537,500
Description: Safety, Income and Growth, Inc. (NYSE:SAFE) today announced the pricing of its initial public offering of 10,250,000 shares of its common stock at $20.00 per share. iStar Inc. will also purchase 2,250,000 shares of SAFE's common stock in a concurrent private placement at $20.00 per share. Shares of SAFE's common stock are expected to begin trading on the New York Stock Exchange on June 22, 2017 under the symbol "SAFE," and the public offering and concurrent private placement are expected to close on June 27, 2017, subject to customary closing conditions. SAFE has granted the underwriters a 30-day option to purchase up to an additional 1,537,500 shares of its common stock at the initial public offering price less the underwriting discount.

IPOs: Safety, Income and Growth, Inc.

June 27, 2017    8:02 AM Eastern

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