American realty capital trust, inc. withdraws registration statement
New york--(business wire)--american realty capital trust, inc. (the “company”) (nasdaq: arct) announced today that it has voluntarily withdrawn its registration statement on form s-11 (registration no. 333-179533) (the “registration statement”) that was filed on february 15, 2012 with the united states securities and exchange commission (the “sec”) to register additional shares of its common stock in a secondary offering under the securities act of 1933, as amended. the registration statement has not been declared effective by the sec, and no securities have been sold in connection with the offering pursuant to the registration statement. “given that we are pleased with the results of our tender offer, we have elected to withdraw the registration statement because we do not believe that we need the proceeds from an equity offering at this time,” commented william kahane, chief executive officer and president of the company. mr. kahane added that “the withdrawal of the registration statement is consistent with the public interest and the protection of our investors.” important notice this press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any shares of the company. american realty capital trust, inc., a publicly traded maryland corporation listed on the nasdaq global select market, is a leading self-administered real estate company that owns and acquires single tenant free standing commercial real estate properties that are primarily net leased on a long-term basis to investment grade credit rated and other creditworthy tenants. the statements in this press release that are not historical facts may be forward-looking statements. these forward looking statements involve risks and uncertainties that could cause the outcome to be materially different. additional information about the company can be found on the company’s website at www.arctreit.com.
ARCT Ratings Summary
ARCT Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission