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Friday, January 06, 2017 8:28:33 PM
https://baseballnewssource.com/markets/innovative-industrial-properties-incs-iipr-quiet-period-will-end-on-january-10th/329432.html
Innovative Industrial Properties’ (NASDAQ:IIPR) quiet period will end on Tuesday, January 10th. Innovative Industrial Properties had issued 3,350,000 shares in its IPO on December 1st. The total size of the offering was $67,000,000 based on an initial share price of $20.00. During the company’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any research reports for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Separately, Compass Point started coverage on Innovative Industrial Properties in a research note on Monday, December 12th. They set a “buy” rating and a $21.00 target price for the company.
Shares of Innovative Industrial Properties (NASDAQ:IIPR) opened at 18.83 on Thursday. The company’s 50-day moving average price is $17.61 and its 200 day moving average price is $17.61. The firm’s market cap is $9.57 million. Innovative Industrial Properties has a 1-year low of $15.45 and a 1-year high of $20.52.
In other news, Director Gary A. Kreitzer bought 25,000 shares of the business’s stock in a transaction that occurred on Friday, December 2nd. The shares were purchased at an average cost of $20.00 per share, with a total value of $500,000.00. Following the transaction, the director now directly owns 25,000 shares in the company, valued at $500,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Alan D. Gold bought 200,600 shares of the business’s stock in a transaction that occurred on Monday, December 5th. The stock was purchased at an average cost of $20.00 per share, for a total transaction of $4,012,000.00. Following the completion of the transaction, the insider now owns 300 shares in the company, valued at $6,000. The disclosure for this purchase can be found here.
Innovative Industrial Properties Company Profile
Innovative Industrial Properties, Inc is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. The Company intends to acquire its properties through sale-leaseback transactions and third-party purchases.
Recent IIPR News
- Innovative Industrial Properties Declares First Quarter 2024 Dividends • Business Wire • 03/15/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 09:09:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/27/2024 10:27:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/27/2024 12:00:01 PM
- Innovative Industrial Properties Reports Fourth Quarter and Full-Year 2023 Results • Business Wire • 02/26/2024 09:49:00 PM
- Innovative Industrial Properties to Report 2023 Fourth Quarter and Year-End Results • Business Wire • 02/08/2024 12:00:00 PM
- Innovative Industrial Properties Announces Tax Treatment of 2023 Distributions • Business Wire • 01/26/2024 10:29:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/18/2024 03:22:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/18/2024 03:19:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/18/2024 03:16:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/18/2024 03:13:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 09:41:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 09:39:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 09:25:08 PM
- Innovative Industrial Properties Declares Fourth Quarter 2023 Dividends • Business Wire • 12/15/2023 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/15/2023 10:41:54 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 11/15/2023 06:37:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/03/2023 08:26:05 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/02/2023 08:52:58 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/02/2023 11:00:32 AM
- Innovative Industrial Properties Reports Third Quarter 2023 Results • Business Wire • 11/01/2023 08:10:00 PM
- Innovative Industrial Properties to Report 2023 Third Quarter Results • Business Wire • 10/13/2023 11:00:00 AM
- UC Asset Signed MOU with Tenant to Build 8000 sq ft Cannabis Property • PR Newswire (US) • 09/28/2023 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/27/2023 11:00:14 AM
- Innovative Industrial Properties Declares Third Quarter 2023 Dividends • Business Wire • 09/15/2023 11:00:00 AM
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • EDXC • Mar 27, 2024 3:01 PM
Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
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Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM