trending Market Intelligence /marketintelligence/en/news-insights/trending/6iQ5AXHr6WvnZYDklTe2DQ2 content esgSubNav
In This List

InPoint completes sale of common stock

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


InPoint completes sale of common stock

InPoint Commercial Real Estate Income Inc. completed the sale of approximately 7,534 class P common shares for an aggregate purchase price of about $200,000.

The sale was made in connection with the private placement of up to $500 million of class P shares to accredited investors, which began Oct. 25, 2016. The maximum initial purchase price per class P share is $27.38, including a $25.00-per-share transaction price prior to the determination of the company's net asset value per share plus commissions, fees and expenses.

InPoint has sold approximately 1,411,685 class P common shares to date for gross proceeds of about $37.6 million.