The proceeds of the shares sale will be used to fund balance sheet investment activity, repay indebtedness as well as work capital and future business acquisitions, according to the company's release.

Capital Trust named Nov. 3 as the approximate day the offering will be completed. Tomorrow morning the company will hold its third quarter results conference call at 10am. The company was formed in 1997 and is headquartered here.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.