SmartStop Self Storage Seeks Up to $972 Million in NYSE Listing
SmartStop Self Storage REIT Inc. is seeking to raise as much as about $972 million in an offering as the self-storage facilities business looks to list itself on the New York Stock Exchange.
The Ladera Ranch, California-based firm plans to market 27 million shares for $28 to $36 each, according to a Monday filing with the US Securities and Exchange Commission. At the top of that range, SmartStop would have a market value of more than $1.8 billion.
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