Oakland, California (EastBayDaily) — Waypoint Homes Realty Trust, Inc. today announced that it recently submitted a registration statement to the Securities and Exchange Commission to sell shares of its common stock in an underwritten initial public offering. Waypoint Homes Realty Trust, Inc. expects to use the net proceeds from the proposed offering to acquire and renovate single-family homes, to repay indebtedness and for general corporate purposes.
This press release is being issued in accordance with Rule 135 of the Securities Act of 1933, as amended. This press release shall not constitute an offer to sell or the solicitation of any offer to buy any of the securities. A registration statement relating to the securities has not yet been filed with the Securities and Exchange Commission. The proposed offering will be made only by means of a prospectus to be included in the registration statement.