The Online Investor
OLI Premium
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Tue., Jun. 19, 5:50 PM

Slide #3. Green Brick Partners, Inc. Secondary Offering

Company: Green Brick Partners, Inc. (NASDAQ:GRBK)
Date announced: 6/18/2018
Shares Offered: 10,700,000
Secondary Offering Details: Green Brick Partners, Inc. (NASDAQ:GRBK) (the "Company") announced today that it is commencing a registered underwritten public offering of 10,700,000 shares of its common stock. The Company is issuing and selling 2,488,733 shares, and certain selling stockholders affiliated with Third Point LLC are selling 8,211,267 shares. The Company expects to grant the underwriters a 30-day option to purchase up to 1,605,000 additional shares of the Company's common stock.

Green Brick Partners is a homebuilding and land development company. Co. acquires and develops land, provides land and construction financing to its controlled builders and participates in the profits of its controlled builders. Co. is engaged in several aspects of the homebuilding process, including land acquisition and the development, entitlements, design, construction, marketing and sales and the creation of brand images at its residential neighborhoods and communities. Co. sells finished lots or option lots from third-party developers to its controlled builders for their homebuilding operations and provides them with construction financing and strategic planning.

GRBK SEC Filing Email Alerts Service

Open the GRBK Page at The Online Investor »

Company Name:  Green Brick Partners Inc
Sector:  General Contractors & Builders
Number of ETFs Holding GRBK:  14
Total Market Value Held by ETFs:  $9.36M
Total Market Capitalization:  $621.00M
% of Market Cap. Held by ETFs:  1.51%

Open the GRBK Page at The Online Investor (in a new window) »

June 19, 2018    5:50 PM Eastern
Quotes delayed 20 minutes

Strong Buy (4.00 out of 4)
92nd percentile
(ranked higher than approx. 92% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings | | Copyright © 1998 - 2018, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.