By Denny Jacob
Four Springs Capital Trust on Wednesday filed a request with the Securities and Exchange Commission to withdraw its initial public offering.
The real estate investment trust said it decided not to pursue a sale of its securities due to market conditions, according to the regulatory filing.
Four Springs launched the IPO in January, with an offer of 18 million shares expected to be priced between $13 to $15 apiece. Later that month, the company postponed the offering, citing market conditions.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
December 28, 2022 16:15 ET (21:15 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。