Real Estate Split Corp. Announces Revised Overnight Offering
Real Estate Split Corp. (TSX: RS and RS.PR.A) filed an amended and restated prospectus supplement for its overnight treasury offering of Class A and preferred shares, incorporating DBRS's September 15, 2026 rating of Pfd-3 on the preferred shares. Offering terms are unchanged: $9.15 per Class A share and $10.45 per preferred share, with gross proceeds expected at $21.5 million and closing on or about September 23, 2026, subject to TSX approval.
Key figures
- Offering Price
- $9.15 per Class A share / $10.45 per preferred share
- Expected close
- 2026-09-23
- Gross proceeds
- 21500000
- Class a offering price
- 9.15
- Preferred share rating
- Pfd-3 (DBRS, Sept 15, 2026)
- Preferred offering price
- 10.45
AI analysis
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