ROX Financial LP, a REIT containing a sole Amazon logistics center in Oakley, California, withdrew its plans for an initial public offering on Tuesday. It had filed to raise $83 million by offering 8.3 million shares at $10. The current owner of the logistics center, NorthPoint Development, and ROX Parent had agreed to purchase an aggregate $7 million worth of shares in...read more
Updated Monday, 8/2.
Following another record week for activity, the IPO market is cooling down heading in to August with 11 IPOs scheduled for the week ahead.
Outdoor grilling brand Weber (WEBR) plans to raise $750 million at a $4.7 billion market cap. The company manufactures and sells charcoal grills, gas grills, smokers, pellet &...read more
ROX Financial LP, a REIT leasing an Oakley, California last-mile logistics center to Amazon, filed on June 29, 2021 with the SEC to raise up to $83 million in an initial public offering. The New York, NY-based company plans to raise $83 million by offering 8 million shares at $10 per share. The current owner of the logistics center, NorthPoint Development, has agreed to purchase $5...read more
Amazon logistics center REIT ROX Financial withdraws $83 million IPO
ROX Financial LP, a REIT containing a sole Amazon logistics center in Oakley, California, withdrew its plans for an initial public offering on Tuesday. It had filed to raise $83 million by offering 8.3 million shares at $10. The current owner of the logistics center, NorthPoint Development, and ROX Parent had agreed to purchase an aggregate $7 million worth of shares in...read more
US IPO Week Ahead: Weber hopes for a well-done debut in an 11 IPO week
Updated Monday, 8/2. Following another record week for activity, the IPO market is cooling down heading in to August with 11 IPOs scheduled for the week ahead. Outdoor grilling brand Weber (WEBR) plans to raise $750 million at a $4.7 billion market cap. The company manufactures and sells charcoal grills, gas grills, smokers, pellet &...read more
Amazon logistics center REIT ROX Financial files for an $83 million IPO
ROX Financial LP, a REIT leasing an Oakley, California last-mile logistics center to Amazon, filed on June 29, 2021 with the SEC to raise up to $83 million in an initial public offering. The New York, NY-based company plans to raise $83 million by offering 8 million shares at $10 per share. The current owner of the logistics center, NorthPoint Development, has agreed to purchase $5...read more