Power REIT plans $50M securities sale (NYSE:PW)

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  • Power REIT (NYSE:PW) plans to offer and sell up to $50M of securities, including common shares, preferred stock, Series A preferred stock, debt securities, warrants, and units.
  • The company may also offer shares upon conversion of debt securities or Series A Preferred stock, or through warrant exercises.
  • PW stock falls 4% post-market on Friday.
  • Source: SEC filing

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