On July 22, 2025, Rexford Industrial Realty Inc. entered into equity distribution agreements with BMO Capital Markets Corp., Bank of Montreal, BNP Paribas Securities Corp., and BNP PARIBAS to offer and sell shares of its common stock valued up to $1.25 billion in "at the market" offerings. Additionally, an omnibus amendment updated existing agreements with several financial institutions, facilitating the inclusion of these new participants. Previously, $322.6 million worth of shares had been sold, leaving $927.4 million available for future transactions under these agreements. The number of shares and specific prices were not disclosed.
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. Rexford Industrial Realty Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001571283-25-000044), on July 23, 2025, and is solely responsible for the information contained therein.