Seven Hills Realty Trust stock falls on $65 million rights offering plan By Investing.com

Seven Hills Realty Trust announces a $65 million rights offering, backed by Tremont Realty Capital, to expand its lending platform and pursue new investment opportunities. Existing shareholders can buy additional shares at $8.65 each, with Tremont purchasing any unsold shares. The offering starts on November 10th and ends on December 4th, with rights trading under the symbol SEVNR on Nasdaq.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.