Brt apartments corp. announces termination of public offering of common stock

Great neck, n.y., may 13, 2021 (globe newswire) -- brt apartments corp. (nyse: brt) (the "company"), today announced it has terminated the contemplated underwritten public offering of its common stock previously announced on may 10, 2021. the termination results from an assessment by the company's management that the current volatile equity market conditions are not conducive for an offering on terms that would be in the best interests of the company and its stockholders. as a result of such termination, no shares of common stock will be sold pursuant to the offering.
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