Alpine Income Property Trust Announces Launch of Public Offering of Series A Cumulative Redeemable Preferred Stock
Alpine Income Property Trust (NYSE: PINE) announced a public offering of its Series A Cumulative Redeemable Preferred Stock with a $25.00 per share liquidation preference on November 5, 2025. The company expects to use net proceeds for general corporate and working capital purposes, which may include property acquisitions, commercial loans and repayment of debt.
PINE intends to apply to list the Series A Preferred on the New York Stock Exchange under the ticker PINE-PA. Raymond James, Stifel and Baird are joint book-running managers, and the offering will be made under the company’s existing Form S-3 shelf registration via a prospectus supplement.
Alpine Income Property Trust (NYSE: PINE) ha annunciato un'offerta pubblica della sua Serie A Azioni Preferite cumulativamente rimborsabili con una preferenza di liquidazione di $25,00 per azione il 5 novembre 2025. L'azienda prevede di utilizzare i proventi netti per scopi generali societari e di capitale circolante, che possono includere acquisizioni immobiliari, prestiti commerciali e rimborso del debito.
PINE intende chiedere l'inserimento della Series A Preferred sul New York Stock Exchange con il ticker PINE-PA. Raymond James, Stifel e Baird sono i co-procacciatori libranti (joint book-running managers), e l'offerta verrà effettuata nell'ambito della shelf registration Form S-3 esistente tramite un complemento al prospetto.
Alpine Income Property Trust (NYSE: PINE) anunció una oferta pública de su Serie A Cumulative Redeemable Preferred Stock con una preferencia de liquidación de $25.00 por acción el 5 de noviembre de 2025. La compañía espera utilizar los ingresos netos para fines corporativos generales y de capital de trabajo, que pueden incluir adquisiciones de propiedades, préstamos comerciales y reembolso de deuda.
PINE tiene la intención de solicitar la cotización de la Serie A Preferred en la Bolsa de Nueva York bajo el ticker PINE-PA. Raymond James, Stifel y Baird son los gestores de libro conjuntos, y la oferta se realizará en virtud del actual registro de estibli line Form S-3 mediante un suplemento de prospecto.
Alpine Income Property Trust (NYSE: PINE)는 2025년 11월 5일 시리즈 A 누적 상환 우선주의 공개 공모를 발표했습니다. 주당 청산 우선권은 $25.00이며, 회사는 일반 기업 및 운전자본 목적을 위해 순이익을 사용할 예정이며, 자산 인수, 상업 대출 및 부채 상환이 포함될 수 있습니다.
PINE은 시리즈 A 우선주를 뉴욕증권거래소(NYSE)에 PINE-PA 티커로 상장하려고 합니다. Raymond James, Stifel 및 Baird가 공동 북런너이며, 이번 공모는 회사의 기존 Form S-3 셀프 등록을 통해 프로스펙터스 보충서로 이루어질 예정입니다.
Alpine Income Property Trust (NYSE: PINE) a annoncé une offre publique de sa Actions privilégiées ordinaires cumulatives de la série A avec une préférence de liquidation de 25,00 $ par action le 5 novembre 2025. La société prévoit d'utiliser les produits nets à des fins générales de l'entreprise et de fonds de roulement, qui peuvent inclure des acquisitions immobilières, des prêts commerciaux et le remboursement de la dette.
PINE envisage de demander l'inscription de la série A Preferred sur le New York Stock Exchange sous le ticker PINE-PA. Raymond James, Stifel et Baird sont des directeurs de livre conjoints, et l'offre sera réalisée dans le cadre du registre existant Form S-3 via un supplément de prospectus.
Alpine Income Property Trust (NYSE: PINE) hat am 5. November 2025 eine öffentliche Platzierung seiner Series A Cumulative Redeemable Preferred Stock mit einer Liquidationspräferenz von $25,00 pro Aktie angekündigt. Das Unternehmen beabsichtigt, den Nettogewinn für allgemeine Unternehmens- und Betriebskapitalzwecke zu verwenden, wozu Immobilienakquisitionen, gewerbliche Kredite und Schuldentilgung gehören können.
PINE will die Series A Preferred an der New Yorker Börse unter dem Ticker PINE-PA listen lassen. Raymond James, Stifel und Baird sind gemeinsames Book-Running-Manager-Team, und das Angebot wird gemäß dem bestehenden Form S-3 Shelf-Register via einem Prospekt-Ergänzungsantrag angeboten.
Alpine Income Property Trust (NYSE: PINE) أعلن عن عرض عام لسنداته المفضلة من فئة Series A Cumulative Redeemable Preferred Stock مع أفضلية تصفية قدرها 25.00 دولاراً للسهم في 5 نوفمبر 2025. تتوقع الشركة استخدام العائدات الصافية للأغراض العامة للشركة ورأس المال العامل، والتي قد تشمل استحواذات عقارية، وقروض تجارية وسداد الدين.
تعتزم PINE التقدم بطلب لإدراج Series A Preferred في بورصة نيويورك تحت رمز التداول PINE-PA. روفمان جيمز، ستايفل وبايرد هم المدراء المشتركون للكتب، وسيتم التنفيذ وفقاً لسجل Form S-3 القائم عبر ملحق نشرة الإصدار.
- $25.00 per share liquidation preference on Series A preferred
- Net proceeds usable for property acquisitions and debt repayment
- Plans to list Series A Preferred on NYSE as PINE-PA
- Offering to be conducted under existing Form S-3 shelf
- There is no assurance the offering will be consummated
- Consummation is subject to market conditions and multiple contingencies
Insights
Alpine launched a public offering of Series A preferred shares to raise capital for general corporate purposes.
The company proposes to sell Series A cumulative redeemable preferred stock with a
Key dependencies and risks include successful deal execution and market receptivity; the filing is via the existing Form S-3 shelf and the offering will proceed only if market and regulatory conditions permit. Monitor the prospectus supplement for offering size, dividend rate, issuance terms, and timing; these items will determine dilution, cost of capital, and near-term balance-sheet impact (watch disclosures in the prospectus and any listing action on the NYSE).
WINTER PARK, Fla., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (“PINE” or the “Company”) today announced the launch of a public offering of shares of the Company’s Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) with a
PINE intends to file an application to list the Series A Preferred Stock on the New York Stock Exchange under the ticker symbol “PINE-PA.”
Raymond James, Stifel and Baird are acting as joint book-running managers for the offering.
The Series A Preferred Stock will be offered under the Company’s existing shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (“SEC”). The offering will be made only by means of a prospectus supplement and the accompanying prospectus, copies of which may be obtained from Raymond James & Associates, Inc., Attention: Equity Syndicate, 880 Carillon Parkway, St. Petersburg, Florida 33716, by telephone at (800) 248-8863, or by email at prospectus@raymondjames.com; Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate Department, 1201 Wills Street, Suite 600, Baltimore, MD 21231, email: syndprospectus@stifel.com; and Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 E. Wisconsin Avenue, Milwaukee, WI 53202, telephone: 800-792-2473, email: syndicate@rwbaird.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Alpine Income Property Trust, Inc.
Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust that seeks to deliver attractive risk-adjusted returns and dependable cash dividends by investing in, owning and operating a portfolio of single tenant net leased commercial income properties that are predominantly leased to high-quality publicly traded and credit-rated tenants.
Safe Harbor
Certain statements contained in this press release (other than statements of historical fact) are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can typically be identified by words such as “believe,” “estimate,” “expect,” “intend,” “anticipate,” “will,” “could,” “may,” “should,” “plan,” “potential,” “predict,” “forecast,” “project,” and similar expressions, as well as variations or negatives of these words. Examples of forward-looking statements in this press release include, without limitation, statements regarding the proposed offering of the Series A Preferred Stock, the expected use of the net proceeds from the offering, the listing of the shares of Series A Preferred Stock on the New York Stock Exchange and the Company’s expectations concerning market conditions for an offering of the Series A Preferred Stock.
Although forward-looking statements are made based upon management’s present expectations and reasonable beliefs concerning future developments and their potential effect upon the Company, a number of factors could cause the Company’s actual results to differ materially from those set forth in the forward-looking statements. No assurance can be given that the offering discussed above will be consummated, or that the net proceeds of the offering will be used as indicated. Consummation of the offering and the application of the net proceeds of the offering are subject to numerous possible events, factors and conditions, many of which are beyond the control of the Company and not all of which are known to it, including, without limitation, market conditions and those described under the heading “Risk Factors” in the prospectus supplement relating to the offering and in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and in the Company’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025, which can be accessed at the SEC’s website at www.sec.gov.
There can be no assurance that future developments will be in accordance with management’s expectations or that the effect of future developments on the Company will be those anticipated by management. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.
Contact: Philip R. Mays
Senior Vice President, Chief Financial Officer and Treasurer
(407) 904-3324
pmays@alpinereit.com
FAQ
What did Alpine Income Property Trust announce on November 5, 2025 about PINE preferred stock?
How does Alpine plan to use the net proceeds from the PINE Series A offering?
Will the Series A preferred shares be listed and under what ticker for PINE?
Who are the joint book-running managers for the PINE Series A offering?
Where can investors obtain the prospectus for the PINE Series A preferred offering?
Is the PINE Series A offering certain to occur?
